Hong Kong is planning extensive urbanization to the north of its New Territories. In the coming decades, the city on the Pearl River at the northern edge of its administrative territory plans to build more than half a million new homes. The area bordering the southern Chinese tech metropolis of Shenzhen is expected to house around 2.5 million people when completed. Chief Executive Carrie Lam made the announcement Wednesday as part of her fifth policy speech to Hong Kong’s parliament.
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