Drafting in the draughtsmen
Since former Chief Executive Donald Tsang’s announcing of the ten major infrastructure projects in 2007, the local demand for architectural services has risen.
This, together with the government increasingly undertaking the revitalisation of heritage sites, has resulted in many business opportunities for Hong Kong architects.
In its 2012-13 budget, the government reiterated its commitment to infrastructure investment, including the Hong Kong-Zhuhai-Macau Bridge, the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, and the Kai Tak Development Plan Stage 1. A record HK$62.3 billion has been allocated to infrastructure investment in the 2012-13 financial year, up from in the previous financial year’s HK$58 billion.
Urbanisation in mainland China has also increased the demand for architectural services.
Under China’s 12th Five Year Plan, more than 13 million people are expected to move from rural areas to cities between 2011 and 2015, which will drive demand for construction projects. According to Li Bingren, chief economist at the Ministry of Housing and Urban-Rural Development, China will speed up urban infrastructure investment by spending seven trillion yuan over the period.