Time to sink Hong Kong cruise terminal for housing
The Kai Tak neighbourhood has proved to be a popular residential district and surely, when homes are badly needed, we have waited long enough for the underused HK$8b facility to take off
The terminal, according to the task force, handles just 3 per cent of Hong Kong’s total container throughput, but takes up 65 hectares. Its 49 berths are underused and the port is only operating at 24 per cent of capacity.
There is just one catch. Many specialised industrial facilities would need to be relocated, possibly to a new reclaimed area. It could be 15 to 20 years before the site is made suitable for housing 60,000 people in 22,000 flats.
Consider the government’s auditor report from last year. Costing HK$8 billion-plus, the terminal, which covers about 8 hectares, enjoyed just 105 days in 2016 when there was a ship alongside either one of its two berths, leaving them idle for nine months.