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October 17, 2026
Hong Kong's Upcoming Public Construction Projects (2026-2031)

Overview: Total Investment and Construction Timeframe 

 
The Hong Kong SAR Government will allocate approximately HK$600 billion; for capital works over the next five years, with an annual average expenditure of around HK120 billion. This funding is backed by a HK$150 billion injection from the Exchange Fund’s investment returns, specifically earmarked for the Northern Metropolis and other core infrastructure initiatives.
 

 
 
 
 

10 Ongoing Major Projects (Not Yet Completed)
 

1. San Tin Tech City Phase 1 Site Formation
HK$27.175 billion, started Dec 2024, completion Q4 2031, delivering 290 hectares of innovation land.

2. Kwu Tung North Remaining Site Formation
HK$4.107 billion, started Aug 2024, completion 2030, covering roads, bridges and public utilities.

3. Fanling Highway Kwu Tung Widening
HK$4.833 billion, started Aug 2024, completion 2030, easing cross-border traffic pressure in the Northern Metropolis.

4. Fanling North Eastern Site Formation
HK$3.57 billion, started Aug 2024, completion 2030, supporting the Northern Metropolis University Town development.

5. Hung Shui Kiu / Ha Tsuen Phase 2 Development
HK$25.947 billion, phased start from Jun 2024, completion 2030, providing industrial and residential land.
 
Hung Shui KIu new town development
 

6. Tung Chung New Town Extension Phase 2
HK$4.758 billion, started Apr 2025, completion 2030, adding 20 hectares of new development land.

7. Shek Wu Hui Water Reclamation Works Phase 2
HK$2.1 billion, started Jun 2026, completion 2030–2031, boosting sewage treatment capacity to 190,000 tonnes per day.

8. Shatin Sewage Treatment Cavern Remaining Works
HK$12.93 billion, started Q3 2025, completion Q4 2031, releasing prime urban waterfront land.

9. Yuen Long South Phase 2 Site Formation
HK$13.765 billion, started Sep 2025, completion mid-2032, delivering 30 hectares of residential and industrial land.
 

10. Sha Ling Data Centre Infrastructure
HK$3.1 billion, started Sep 2026, completion 2029, forming the core computing power infrastructure of the Northern Metropolis.
 
(Reported by Building.hk)
 
Sha Ling Data Centre