Tender awarded for site in Chung Hom Kok

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     The Lands Department announced today (March 1) that the tender for a site, Rural Building Lot No. 1221 at Chung Hom Kok, Hong Kong, has been awarded to GB21 (Hong Kong) Limited, on a 30-year land grant at a premium of $80,000,000.

     There was one tender for Rural Building Lot No. 1221.

     Rural Building Lot No. 1221 has a site area of about 1 649.6 square metres and is designated for external telecommunications station purposes.

     The tenderers must be incorporated companies registered under the Companies Ordinance which either are holders of Unified Carrier Licences (UCLs) granted by the Communications Authority (CA) who are authorised to provide cable-based and/or non-cable based external telecommunications services in Hong Kong, or have obtained an approval-in-principle from the CA for the grant of a UCL to provide such telecommunications services in Hong Kong. The tenderers that have previously been awarded with either the grant of Rural Building Lot No. 1219 or Rural Building Lot No. 1220 (the Parties) and any company connected with either or both of the Parties were not eligible to participate in this tender exercise for disposal of Rural Building Lot No. 1221.

Ends/Wednesday, March 1, 2023
Issued at HKT 18:20

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