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Invitation for Expression of Interest for Po On Road/Shun Ning Road Project

The Urban Renewal Authority (URA) tomorrow (Wednesday) will invite estate developers to provide an expression of interest (EOI) for the joint development of the Po On Road/Shun Ning Road redevelopment project in Sham Shui Po.

The project site covers an area of about 15,000 square feet and is expected to deliver a gross floor area of about 135,000 square feet for residential and commercial purposes upon completion. Open space of about 2,700 square feet in area will be provided for the enjoyment of the local community.

Parties interested in the project are requested to indicate their professional competence and financial capability to undertake the development in accordance with the requirements and criteria set by the Authority.

Submissions should be returned to the URA Headquarters at 10/F Low Block, Grand Millennium Plaza, 181 Queen¡¦s Road Central, by 5 pm on July 28th , 2004.

A tender review panel under the URA Board will shortlist the qualified parties and invite them to submit a formal tender for the development. It is expected that the tender exercise will follow shortly.