Three Land Sharing Pilot Scheme applications endorsed in-principle

The Development Bureau (DEVB) today (November 3) announced that the Chief Executive-in-Council has endorsed in-principle three Land Sharing Pilot Scheme (LSPS) applications with support from the Panel of Advisors (Panel).
The three applications concerned sites in Yuen Long and Tai Po Districts, proposing to provide a total of about 21 600 housing units, including about 15 100 public housing units, as summarised below. Details of their proposed development parameters and progress have been uploaded to the LSPS webpage:

The above applications have received support from the Panel and endorsement in-principle from the Chief Executive-in-Council. The Government has identified no insurmountable problems with the applications at this stage. The infrastructures proposed are considered proportionate to the scale of the developments. The Government land proposed to be included is considered appropriate and would yield more flats and help rationalise the layouts of the developments, enhancing land use efficiency. Applicants are still required to conduct technical assessments in order to confirm the development parameters, and to ascertain that the proposed developments would not entail any insurmountable problems in terms of traffic, environment and infrastructure, etc to facilitate the subsequent statutory and administrative procedures, such as those for town planning, road gazettal and lease modification. If the progress is smooth, it is expected that works may start from 2025 the earliest.
Ends/Thursday, November 3, 2022
Issued at HKT 20:31