The artificial islands shall be placed to the west of Hong kong and the local authorities believe that the project, which goes under the name of ”Lantau Tomorrow's Vision”, among other things, can make a place for 260,000 new apartments. The construction of the islands is scheduled for 2025 and the first residents expected to move in 2032.
Plans to build a new neighborhood on artificial islands was already in the last year, but in the week presented the city authorities a more detailed plan where you also told me what the estimated cost of the project is. In the current situation, expected the bill to land on the 624 billion Hong kong dollars, equivalent to around 730 billion, says the South China Morning Post.
to kostnadsprognosen was presented on Tuesday, said Michael Wong, minister for international development of Hong kong, that the project was necessary to come to grips with the city's ”serious lack of lands”, according to CNN.
The artificial islands will be created next to Lantau, which is Hong kong's largest island, and where, among other things, the city's airport is located. When the project is finished, the islands cover a total area of 1,000 hectares, which can be compared with the artificial island of Palm Jumeirah, off Dubai, is on 560 acres.
The high cost has received several questioning the project, for example, various environmental organizations have expressed criticism. Greenpeace in Hong kong has, among other things, criticized city leaders for not having taken into account that there are other cheaper solutions which, moreover, would not have the same impact on the environment. Including the development of older industrial areas that are no longer in use, writes CNN.