TLDR:
- Hong Kong plans to transform Lau Fau Shan into a technology and eco-tourism hub
- Developers may play a role in construction but government will lead development parameters
Hong Kong has unveiled a new development plan to convert the oyster farm area of Lau Fau Shan into a digital technology and eco-tourism hub. The 411-hectare area will include space for technology facilities, eco-tourism nodes, and a coastal protection park. Developers may be involved in construction, but the government will set development parameters and issue open tenders for the project. Environmentalists have raised concerns about potential damage to the area’s rich ecological resources, such as mangroves and horseshoe crabs. However, the government aims to balance conservation and development in this initiative.