Published: 8:32am, 18 Sep 2025Updated: 8:41am, 18 Sep 2025
The decision by Hong Kong’s leader to personally oversee the fast-tracked development of the massive Northern Metropolis project while also undertaking smaller initiatives such as building a “pet economy” underscores an aim-high, spread-wide policy address, but some of his key initiatives will only lay the foundation for future administrations to take forward, according to observers.
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In his policy address on Wednesday, Chief Executive John Ka-chiu promised to expedite the mega development, first floated in 2021, with a detailed action plan.
He also put the focus on further strengthening Hong Kong’s competitive edge and position as a global financial centre, while mitigating the impact of the China-US trade war.
“It is important to aim high, especially with the Northern Metropolis,” Hong Kong General Chamber of Commerce CEO Patrick Yeung Wai-tim told the Post.
He expected the project would drive new areas of growth, such as innovation and technology and artificial intelligence.
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Located next to the border with mainland China, the Northern Metropolis is regarded as a game-changer for Hong Kong’s economic transformation.