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Regions China

First batch of 376 Hong Kong land leases to be renewed beyond 2047 under new mechanism

Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.

By: scmp.com
  • Jul 05 2024
  • 73
  • 7605 Views
First batch of 376 Hong Kong land leases to be renewed beyond 2047 under new mechanism
First batch of 376 Hong Kong l
Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.

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