Hung Shui Kiu pilot area gets 2 bids
The Government has received two tenders for the first large-scale land disposal pilot area in the Northern Metropolis (NM), located in the Hung Shui Kiu/Ha Tsuen New Development Area, which closed at noon today.
The Development Bureau noted that this project serves as the inaugural pilot area under the Government’s large-scale land disposal model. Spanning about 11 hectares, the site allocates about 2.6 hectares of residential development and 5.5 hectares for industrial use, alongside dedicated zones for public facilities and pedestrian walkways.
The bureau highlighted that every bid received represents a consortium combining property developers and industry operators. This collaborative framework demonstrates how the multi-sector layout successfully unites varied corporate expertise to accelerate development across the NM, forging a new direction for the area’s diversified growth models.
The procurement utilises a two-envelope tendering system, assigning a 30% evaluation weighting to the premium proposal and a 70% weighting to the non-premium elements.
A dedicated Tender Assessment Panel has been formed to process the submissions under standard public procurement guidelines. Chaired by the Permanent Secretary for Development (Planning and Lands), the panel includes directorate officers from several government bureaus and departments.
The assessment process will begin immediately, with the target of awarding the tender by the end of August.