Revitalisation of Industrial Buildings
The Chief Executive announced in her 2018 Policy Address to reactivate the revitalisation scheme for industrial buildings ("the new IB Revitalization Scheme") to optimize utilization of the existing industrial stock and make better use of our valuable land resources, while addressing more effectively the issues of fire safety and non-compliant uses. The new IB Revitalization Scheme includes six key measures facilitating the wholesale conversion, redevelopment and non-industrial uses of existing industrial buildings ("IBs"). While some of these measures are to facilitate transitional housing and other specific uses (such as those in relation to the arts and cultural sectors, creative industries, and innovation and technology industries) in wholesale-converted IBs, some others are related to the use of existing IBs by certain sectors (namely the arts and cultural sectors, creative industries, and innovation and technology sectors) or certain uses (namely telecommunications exchange centres and computer/data processing centres on buffer floors; and cargo handling and forwarding operation and recyclable collection centre for "godown" use). For each revitalization measure’s details, please refer to the relevant Land Administration Office (LAO) Practice Notes and the announcement made by the Development Bureau on "Relaxation of Waiver Application for Existing Industrial Buildings" on 1 February 2019.
- The Chief Executive's 2018 Policy Address on Revitalisation of Industrial Buildings
- Development Bureau's Announcement on Relaxation of Waiver Application for Existing Industrial Buildings (Date: 1 February 2019)
- Relevant LAO Practice Notes
- Summary of Applications Received and Under Processing pursuant to LAO P.N. Nos. 2/2019, 3/2019, 6/2019 and 7/2019
- Executed Lease Modification Cases pursuant to LAO P.N. No. 2/2019
- Executed Land Exchange Cases pursuant to LAO P.N. No. 2/2019
To further expedite the redevelopment of pre-1987 IBs, Government has launched a pilot scheme for charging land premium at standard rates in respect of lease modifications for redevelopment of eligible IBs. The pilot scheme runs for three years from 15 March 2021 to 31 March 2024. The Lands Department has issued LAO Practice Note Nos. 1/2021 and 1/2021A on 15 March 2021 and 31 March 2022 respectively for industry's reference on the operational details of the pilot scheme.
- Legislative Council Brief (4 March 2021)
- Relevant LAO Practice Notes (LAO PN 1/2021, Appendix I, Appendix II, LAO PN 1/2021A)
- Frequently-asked Questions on the pilot scheme
For information on "Revitalisation of Industrial Buildings 2009", please click here.