The tender for the development of a pilot area within the Hung Shui Kiu/Ha Tsuen New Development Area (the "HSK Pilot Area") in the Northern Metropolis closed today (July 3).
HSK New Development Limited, a consortium formed directly or through respective subsidiaries by China Overseas Land & Investment Limited (Stock Code: 0688), China Merchants Land Limited (Stock Code: 0978), China Resources Land (Overseas) Limited, CTG Investment Management Corporation Limited, JD.com, Inc. (Stock Codes: NASDAQ: JD; HKEX: 9618), and Sino Land Company Limited (Stock Code: 0083), has submitted its tender for the HSK Pilot Area project.
The submission reflects the consortium's confidence in the long-term development of the Northern Metropolis and its commitment to supporting Hong Kong's continued growth.
The National 15th Five-Year Plan highlights the accelerated development of the Northern Metropolis, while the HKSAR Government's first five-year plan also identifies it as a key priority. Its development is expected to create significant opportunities for HK and serve as an important driver of the city's future growth.
Through this joint tender submission, the consortium seeks to contribute to the high-quality development of the Northern Metropolis and support the steady growth of HK's economy.
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