Blog

The Northern Metropolis is a key new engine for Hong Kong’s future economic growth. We recently announced the tender result for the first “large-scale land disposal” project in the Northern Metropolis — a new milestone in its development. For the 11-hectare pilot area in Hung Shui Kiu, we moved away from the traditional cash tender approach of awarding the land to the highest bidder. Instead, we adopted a “two-envelope approach”, which places greater weight on how much a tender proposal will contribute, over the long term, to Hong Kong’s industrial development and the wider economy.

Every wave of technological innovation brings a fresh cycle of equipment upgrades and unleashes enormous consumer demand. This trend is clearly on display at the Hong Kong Computer & Communications Festival 2026 (HKCCF 2026), now being held at the Hong Kong Convention and Exhibition Centre in Wan Chai. Last week, I officiated at the opening ceremony and toured the exhibition booths. The venue was buzzing with activity. A number of exhibitors told me that the AI boom has sparked strong consumer interest in related electronic products, giving a further boost to their sales.

Following the Book Fair and Ani-Com & Games, the Food Expo is taking place this week at the Hong Kong Convention and Exhibition Centre in Wan Chai. This highly popular large-scale exhibition and four concurrent fairs have drawn more than 1,800 exhibitors from over 30 countries and regions around the world. This year also marks the first time that enterprises and representatives from all 11 ASEAN member states are taking part. In addition to business representatives exploring opportunities, the venue has been bustling with members of the public sampling delicacies and snacks.