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下載 (2) (Problems :warning: (Civil servant: High pay, low incentive…
History
1987: Governor, David Wilson proposed Land Development Corporation
Before 1999, 30 projects, 16 completed, 25 projects further planning
Mostly delayed, too little comprehensive , too much piecemeal redevelopment
1998 Policy Address, CE Tung: "district-wide approach to urban restructuring including both redevelopment and rehabilitation"
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Problems :warning:
Civil servant: High pay, low incentive :
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- Time consuming in assemble sites in multiple ownership
- reluctance to rehouse existing occupies
- absence of central redevelopment authority
Socially desirable, but commercially unattractive development
Conclusion
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Power + Resource, Mode of operation remain much more significant then the institution by itself