SUBSCRIBERS

HK's underused military land a potential goldmine - but a minefield for government

Activists urge officials to take a fresh look at swathes controlled by the PLA to help ease city's housing crisis

Published Wed, Dec 20, 2017 · 09:50 PM

Hong Kong

AS Hong Kong seeks more land to help ease a worsening housing crisis, some lawmakers and activists are urging officials to take a fresh look at little-used swathes of more than US$100 billion worth of real estate controlled by the Chinese military.

The Hong Kong garrison of the People's Liberation Army (PLA) still occupies some 19 sites across the global financial hub it inherited from the British military when the former colony was handed back to China in 1997.

While several sites, such …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here