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Invitation to Tender for Yeung Uk Road Project

The Urban Renewal Authority (URA) today (Tuesday) invites 20 qualified interested developers to tender for the joint development of the Yeung Uk Road site in Tsuen Wan, subsequent to an expression of interest (EOI) exercise early this month.

The project site, occupying an area of about 77,824 square feet, is a residential and commercial development. It was earmarked by the Government as a linked site to facilitate the implementation of the Tsuen Wan Town Centre project, which was commenced by the former Land Development Corporation.

An assessment panel under the URA Board decided to invite 20 of the 22 EOI parties for tender in light of their experience and financial strength to undertake the development in accordance with the requirements and criteria set by the Authority.

Tender submissions should be returned to the URA Headquarters at 10/F Low Block, Grand Millennium Plaza, 181 Queen's Road Central, by noon on 15 April 2004.