Urban Decay in Hong Kong
At present, there are about 16,000 private buildings in the metro area (Hong Kong Island, Kowloon, Tsuen Wan District and Kwai Tsing District) which are 30 years old and above. By 2030, the number of buildings over 30 years old will increase by four folds. The problem of aging buildings is more serious in older urban areas.
To address the problem of urban decay and improve the living conditions of residents in dilapidated areas, the Urban Renewal Authority Ordinance (Chapter 563) was enacted in July 2000. The Ordinance provides a new institutional framework for carrying out urban renewal. The Hong Kong Government conducted a comprehensive review of "Urban Renewal Strategy" in 2008. After two years' extensive community engagement, a broad consesus had been reached and the new Strategy was promulgated on 24 Feb 2011.
Read more about this topic: Urban Renewal Authority
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