The Financial Secretary, Paul Chan, published a blog today (28 December) saying that in order to make Hong Kong more efficient, it is necessary to change our thinking, better rationalize the spatial layout and infrastructure through forward-looking planning, connect the east-west, south-north and transport networks of Hong Kong, accelerate industrial and commercial development, and release the development potential of land along the route.

▼May 5 MTR held the groundbreaking ceremony of the Tung Chung Line extension▼

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Tung Chung's population will increase to 30,21 The drive to Central will be shortened by <> minutes after the extension line is opened

Chan Maobo recently attended the groundbreaking ceremony of the Tung Chung Line extension, which is the first railway project officially started by the current government. He pointed out in his blog that after the expansion of Tung Chung New Town, an additional 62,000 residential units will be provided to accommodate an additional 18,30 people, and the entire population of Tung Chung will increase to about 21,<> by then, and this railway project will add two railway stations, Tung Chung East and Tung Chung West, and after the opening of the road, the travel time between residents from Tung Chung East to Central can be shortened by <> minutes, which will not only make it easier for citizens to travel, but also bring huge economic benefits.

He specifically mentioned in his blog that one of the important factors of high-quality urban development and living environment must be convenient and efficient transportation. Only about a quarter of Hong Kong's approximately 1,100 square kilometres of area has been developed, and with the further development of more land for habitation and expansion of development capacity, it is important to deploy transport networks and systems in advance so that the entire development can be faster, more efficient and meet the needs of the region in a timely manner.

54% of Hong Kong's population lives in the New Territories The population of Hong Kong Island has decreased by <>%.

He pointed out that in order to make Hong Kong better and more efficient, it is necessary to change our thinking and better rationalize the spatial layout and infrastructure facilities through forward-looking planning, so that the new development areas can better meet the living and living needs of the people. Hong Kong's east-west, north-south transport network will not only facilitate travel, but also help accelerate industrial and commercial development, and unleash the development potential of land along the route.

As of last year, Hong Kong's population was about 730.390 million, of which more than 54.3 million lived in the New Territories, accounting for about 4%, 30.3 percentage points higher than 15 years ago, while the proportion of population living in Kowloon remained flat at about <>%. The proportion of people living on Hong Kong Island dropped by more than <> percentage points to about <>%.

▼May 5 Chen Maobo attended the groundbreaking ceremony of the Tung Chung Line extension▼

Efforts are made to upgrade the railway network, and a total of 4 stations will be completed

In addition, Chan said that in the coming years, the current government will make every effort to enhance the construction of the transport network in the New Territories to match the overall development including the northern metropolis, including Siu Ho Wan Station, Tuen Mun South Extension Line, Hung Shui Kiu Station and Kwu Tung Station, hoping to release the development potential of the land along the line and create greater capacity.

Chan said that Kwu Tung North, Fanling North and Hung Shui Kiu are still mainly some residential buildings with low development density, as well as brownfield operations such as recycling sites and container storage, and the local transportation mainly relies on road connections and has limited carrying capacity, so the two stations will play an important role in the start-up of the new development area.

He added that a public transport interchange and an environmental transport service system will be set up near Hung Shui Kiu Station, and there is also room for expansion to accommodate the connection of the Hong Kong-Shenzhen Western Railway (Hung Shui Qiao to Qianhai). The entire railway layout will greatly enhance the connection between Hong Kong and Shenzhen and promote the efficient flow of goods and people between the two places.

As for Siu Ho Wan Station and Tuen Mun South Extension Line, they play a role in increasing the supply of land and housing. The MTR Siu Ho Wan Depot Land Development Project will provide about 2,<> units, of which about half are public housing.

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