Market Chatter: URA to Launch Development Facilitation Services to Boost Project Success

MT Newswires Live2024-12-31

The Urban Renewal Authority (URA) will introduce development facilitation services next month to improve project transparency and developer communication, aiming to encourage successful bidding, according to The Standard on Monday, citing Managing Director Wai Chi-sing's blog.

The URA will pilot these services at the Shantung Street/Thistle Street project and developers will be invited to participate in this initiative to assess its effectiveness, according to the news portal.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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