Hong Kong is launching an ambitious urban development project called the Northern Metropolis, aiming to convert a large rural area near the border into a major technology hub. Covering about one-third of Hong Kong’s land, this initiative plans to transform farmland and villages into a network of advanced laboratories and startups. The development is intended to serve as both a physical and economic link to Mainland China, fostering closer collaboration and integration.
This project is a key part of the Greater Bay Area plan, which seeks to connect Hong Kong with ten neighboring cities to create a vast regional megacity. Valued at approximately $2 trillion, the Northern Metropolis represents a major strategic move to enhance regional connectivity and innovation. It signals a shift in Hong Kong’s economic focus as it aims to strengthen its position within the global technology landscape.