WNA Globe

World News by Wild Rose

#tenders ร—

7 Hong Kong developers bid for waterfront project as Kowloon renewal gathers pace

Hong Kongโ€™s Urban Renewal Authority (URA) received seven tender submissions for a major waterfront residential redevelopment project in Hung Hom, drawing bids from some of the cityโ€™s largest developers despite a subdued land market. The authority said on Monday that seven developers submitted tenders for the project before the noon deadline. A tender review panel under the URA board will assess the bids before making recommendations, with the board to decide on the successful...