Key facts
- Government seeks HK$27.2 billion for San Tin Technopole phase two and wetland park.
- Concerns raised over total project cost and prevention of cost overruns.
- New engineering contract and target price model adopted for cost control.
- First innovation and technology land expected from fiscal year 2028/29.
Hong Kong government officials presented a proposal seeking HK$27.2 billion for the second stage of San Tin Technopole's first phase, the first stage of Sam Po Shek Wetland Conservation Park, and a new clean-water facility to the Legislative Council's development panel on Tuesday. Lawmakers expressed concerns about the substantial cost and questioned the measures in place to prevent cost overruns.