Cross-industry Collaboration to Help Northern Metropolis Development
Whole Funding Roughly HK$16.8 Billion
HONG KONG SAR– Media OutReach Newswire – 24 August 2026 – HSK New Growth Restricted, a three way partnership fashioned by China Abroad Land & Funding Restricted (Inventory Code: 0688), China Retailers Land Restricted (Inventory Code: 0978), China Assets Land (Abroad) Restricted, CTG Funding Administration Company Restricted, JD.com Inc., and Sino Land Firm Restricted (Inventory Code: 0083), has been awarded the event venture for the primary pilot space throughout the Hung Shui Kiu/Ha Tsuen New Growth Space (the ‘HSK Pilot Space’) within the Northern Metropolis. In full assist of the Nationwide fifteenth 5-12 months Plan and beneath the coordination of the HKSAR Authorities, the three way partnership will leverage the strengths of cross-boundary collaboration throughout various industries to spend money on, develop and function a large-scale good logistics venture. The venture will even incorporate residential and group industrial services, with revolutionary applied sciences driving industrial upgrading, contributing to the high-quality improvement of the Northern Metropolis and reinforcing the dedication to supporting Hong Kong’s long-term improvement.
Mr Daryl Ng, Chairman of Sino Land Firm Restricted, mentioned, ‘The Nationwide fifteenth 5-12 months Plan states the accelerated improvement of the Northern Metropolis as a key precedence of Hong Kong’s future development engine. We’re actually honoured to have been awarded the HSK Pilot Space venture alongside our distinguished company companions. We have now full confidence in Hong Kong and imagine that the cross-sector collaboration might help convey collectively various experience to contribute to the area’s innovation and know-how improvement. Within the HKSAR Authorities’s first 5-12 months Plan, the Chief Government additionally highlighted the pivotal position of the Northern Metropolis in enriching the housing ladder and creating extra alternatives and house for residence possession. We’re dedicated to bringing high-value industries and a high quality residing group to the Northern Metropolis, offering extra housing and employment alternatives whereas enhancing connectivity between Hong Kong and cities throughout the Better Bay Space.’
Hashtag: #SinoLand #NorthernMetropolis #HungShuiKiu
The issuer is solely liable for the content material of this announcement.
