The British Foreign Secretary, Lord Palmerston described Hong Kong in 1841 as a barren rock. However, times have indeed changed. Hong Kong now boosts more than 1300 skyscrapers.
In fact, Hong Kong has the most skyscrapers in the world than any other city. With 7.3 million people living in the city and a GDP of $321 billion in 2016, Hong Kong is clearly not a “barren rock” anymore.
The great story of Hong Kong began only recently. Less than 200 years ago, Hong Kong was nothing but a combination of fishing villages which through the years went rapid transitions and upgrades in terms of infrastructure, transportation, commercial and cultural sectors.
More than $71 billion in infrastructure and capital-works projects have been invested over the last 10 years by the Hong Kong SAR Government. With several more transportation and infrastructure activities which will be completed in the coming 5 to 10 years span. Hong Kong is Asia’s largest financial sector, and these upcoming transportation and infrastructure projects will link it to it’s neighbouring cities.
One of the most important routes, is the Guangzhou-Shenzhen-Hong Kong Express Rail Link which will connect the city of Hong Kong to the high-speed rail network of China, with trains having a top speed of 200 kilometres per hour. This will be done fully underground in Hong Kong and can get people from Hong Kong to Shenzhen, Mainland China in just 14 minutes. This would bring the residents of Hong Kong and their neighbours from Mainland China much closer. The same rail network would be further enhanced to take passengers between Hong Kong and Guangzhou in 48 minutes instead of the current 120 minutes.
However, it’s not just the transportation network which is set for a upgrade. The government of Hong Kong has in its last budget decided to support technology and innovation by pumping in $1.3 billion.
Shenzhen and Hong Kong will be partnering up as neighbouring cities to build the Hong Kong-Shenzhen Innovation and Technology Park which would provide a base for scientific research and education, culture and creative facilities. The park is said to be 87 hectares in size and is supposedly aimed at creating more than 50,000 jobs and also attract top companies in the innovation and technology sector as well as companies which have research and development labs.
There is also a planned East Lantau Metropolis which would become the third core of the business district in Hong Kong.
Adding to all the development in transportation, infrastructure, Hong Kong is not behind in terms of cultural development or tourism development for that matter. There is a vibrant transformation planned for the waterfront of Victoria Harbour, Northeast Lantau Tourism Gateway and the Pearl Of The Orient is almost finally ready.
For an international financial city like Hong Kong, it’s development strategy and growth has been both beneficial to the locals and the global citizens. By expanding it’s economic links with the wider audience, in terms of infrastructure development and collaboration with Mainland China, Hong Kong seems to enhance the quality of life and provide for an excellent opportunity at the same time.