Chief Executive John Lee Ka-chiu has outlined 140 key performance indicators (KPIs) in his latest Policy Address, comprising 79 new indicators and 61 carried over from the previous year.
Reviewing the 138 indicators established last year, Lee noted that three had not been completed as originally planned, though he emphasized there were justifiable reasons for the delays.
The unfinished projects include the establishment of a pilot industrial park in the new development area, aimed at advancing the Northern Metropolis by early 2025.
However, officials decided to cancel the tender for the Hung Shui Kui site to strengthen the government's leading role and accelerate the anchoring of industries in the Northern Metropolis. The Development Bureau is currently re-planning the industrial park, with updates expected from the newly formed Working Group on Development and Operation Models later this year, said Lee.
The second incomplete KPI focuses on utilizing new land for large-scale redevelopment projects, which has now been incorporated into this year’s Policy Address following the submission of improved proposals in late August.
Additionally, the allocation of the HK$2 billion Teacher Professional Development Fund, mentioned in last year’s address, has been suspended pending a review of current financial arrangements for various funds.
Regarding the Environmental Impact Assessment (EIA) Report for the Reclamation for Kau Yi Chau Artificial Islands (KYCAI) mentioned in last year’s Policy Address, Lee agreed with financial secretary Paul Chan Mo-po to halt the process due to the project's current slowdown.