Senior Engineer of the DEVB, Mr Matthew YUI, introduces the policy of “facilitating the provision of pedestrian links by the private sector”, which provides suitable incentive through waiving the land premium payable for lease modifications (commonly known as “premium waivers”) arising from the provision of pedestrian links, with a view to encouraging private participation in the construction of pedestrian linkage systems to facilitate early completion of the relevant facilities.
Senior Engineer of the DEVB, Mr Matthew YUI, introduces the policy of “facilitating the provision of pedestrian links by the private sector”, which provides suitable incentive through waiving the land premium payable for lease modifications (commonly known as “premium waivers”) arising from the provision of pedestrian links, with a view to encouraging private participation in the construction of pedestrian linkage systems to facilitate early completion of the relevant facilities.
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