Government to sell site in Kwai Chung by public tender to support modern logistics development
***************************************************************

     The Government announced today (March 25) that a site, Kwai Chung Town Lot No. 531 at the junction of Mei Ching Road and Container Port Road South, Kwai Chung, New Territories, will be disposed of by public tender for logistics services and public vehicle park purposes. The tender invitation will close on July 15.
 
     The Government has been actively identifying suitable sites for supporting modern logistics development. As announced in the Chief Executive's 2021 Policy Address Supplement, the Government has concluded the feasibility studies for two port backup sites. The sites, including Kwai Chung Town Lot No. 531, will be released through public tender in phases.
 
     Kwai Chung Town Lot No. 531 has a site area of about 55,245 square metres and is designated for logistics services and public vehicle park purposes, with the maximum gross floor area that may be attained being 138,000 sq m for developing multi-storey modern logistics facilities and a public vehicle park, so as to have multiple purposes within the site.
 
     A spokesperson for the Transport and Housing Bureau said, "The logistic industry is a very important part of the Hong Kong economy and makes significant contributions to the Hong Kong community. With a view to promoting modern logistics development progressively, the Government will continue to identify more suitable sites for the development of multi-storey modern logistics facilities, so as to strengthen Hong Kong's role as a regional logistics hub. Subject to the market reaction to the land disposal of the aforementioned Kwai Chung site, we will continue to identify suitable logistics sites for conducting feasibility studies."
 
     Land sale documents including the Form of Tender, the Tender Notice, the Conditions of Sale and the sale plan of the lot are now available for downloading from the Lands Department website (www.landsd.gov.hk), while the sale plan is available for inspection by the public from today until the close of the tender. The particulars of the tender were also gazetted today.

Ends/Friday, March 25, 2022
Issued at HKT 11:00

NNNN