The future of Hong Kong as a commercial hub is becoming clearer and we have witnessed this with the opening of the Hong Kong Stock Exchange in June and the completion of the Central Business District. There are some significant developments taking place in this city and it is important that we watch out for these changes.
Firstly, in terms of development, the Central Business District will be one of the biggest, most important developments to take place in Hong Kong’s future. This is because it will mark the beginning of a new era of growth where the commercial area of Hong Kong will come together with the central business district, which already has a number of major businesses such as the Central as well as the Central Business District International and the Central Bank. There will be an increase in commerce and this will happen alongside the Hong Kong Stock Exchange, so this will be a significant development for Hong Kong.
The Central Business District in Hong Kong already has a number of major companies but there will be some interesting developments taking place here as well. The Central as well as the Central Business District International will have an extension to the current area as well as another to the southwest of the area. There will also be a number of restaurants and shops to cater for the growing number of visitors to the area.
The Central Market will also play a major role in future commercial activity. This is due to the fact that it will be the venue for all sorts of events which include the opening of a new shopping mall as well as the reopening of the old one. The market will be located in between the Central Business District International and it will be connected to this area through pedestrian bridges. This will be very good news for people who are living in central Hong Kong and for the local residents who want to experience shopping in a more open space.
There are many other interesting developments taking place in Hong Kong, which includes the transformation of the Central as well as the Central Business District International into a new business district. There are a number of new hotels and apartment buildings in the area, which will have a direct impact on the housing market in Hong Kong, so if you live in the area you may find that prices are going up quite rapidly.
Another great development taking place is the establishment of a new financial district in the form of an international financial centre. This will see the introduction of a number of financial institutions which will help people in Hong Kong to make more international transfers as well as helping to make it more accessible to international trade. These developments should help to ease the housing crisis in Hong Kong and help to make it more affordable to both residents as well as those from other parts of the world.