Extract:
1. Urban renewal is one of the parameters in the territorial development strategy and overall development of Hong Kong. Hence, the Government should head for a broad vision and designate a holistic policy with a more comprehensive policy framework for urban regeneration and for the development of Hong Kong as a whole. These include:
- Reviewing and revamping the territorial development strategy of Hong Kong, as well as readjusting the development pressures between the urban core and the New Territories;
- Facilitating a better control over built environment, in a bid to mitigate the impact of the private property development towards urban environment and, in the long run, to improve the overall quality of life;
- Asserting the principle of the urban regeneration policy and relevant policy measures, which is “Residents-led as the Core, Rehabilitation as the Priority, and Mutual Sharing of the Fruits of the Regeneration”;
- Reprioritizing the “4Rs” mission of the Urban Renewal Authority (hereafter URA).
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