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Consortium including JD.com wins HK$1.03b Northern Metropolis project

By PulseAugur Editorial · [1 sources] ·

A six-company consortium, HSK New Development Limited, has been awarded a tender for a 10.5-hectare development project in Hung Shui Kiu, part of Hong Kong's Northern Metropolis. The consortium, which includes major real estate developers and e-commerce company JD.com, plans a total investment of HK$16.8 billion. The Development Bureau highlighted the project as an example of cross-sector collaboration and a vote of confidence in the Northern Metropolis's development. AI

RANK_REASON Significant real estate development project award involving multiple companies and substantial investment. [lever_c_demoted from significant: ic=1 ai=0.0]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Consortium including JD.com wins HK$1.03b Northern Metropolis project

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Significant real estate development project award involving multiple companies and substantial investment. [lever_c_demoted from significant: ic=1 ai=0.0]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Edith Lin ·

    Consortium wins Northern Metropolis project with HK$1.03b bid

    A consortium of mainland Chinese-backed companies and a subsidiary of a Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with the total investment expected to reach HK$16.8 billion. The Deve…

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