Budget Speech
Optimising Land Resources
Revitalising Old Industrial Buildings
61. To promote the development of the six industries and inject new impetus into old industrial areas, the Chief Executive has put forward measures to revitalise old industrial buildings in his Policy Address. To facilitate the redevelopment or conversion of industrial buildings by owners, the Lands Department will set up a dedicated team on 1 April 2010 to process such applications centrally. Other departments involved will also exercise flexibility in considering applications for wholesale conversion of industrial buildings, taking into account the constraints of existing industrial buildings.
62. The Government will also take the lead in injecting impetus to the revitalisation of industrial buildings. Where appropriate, we will consider making use of old industrial buildings in the relocation of our offices and facilities. For example, we have completed a study on relocating government departments in the three government office buildings at the Wan Chai waterfront. As and when appropriate we will relocate the departments concerned to other districts to free some land in the central business district. We will study the feasibility of making use of industrial buildings in drawing up the relocation plans. Moreover, we will consider relocating government offices currently accommodated in commercial office premises to industrial buildings upon expiry of their tenancies.
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