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RICS Hong Kong Annual Conference 2015: Financial Secretary Committed to Invest in Hong Kong's Capacity

RICS
2015-05-21 20:31 2748

 

HONG KONG, May 21, 2015 /PRNewswire/ -- Organised by RICS (Royal Institution of Chartered Surveyors), the RICS Hong Kong Annual Conference 2015 was held at the Grand Hyatt Hong Kong today (21 May) with an attendance of over 300. Speaking on the subject of capacity at the conference. We are honoured to have The Honourable John C Tsang, GBM, JP, Financial Secretary, HKSAR Government be our Guest of Honour. Mr. Tsang commented at the conference, "The HKSAR Government has been proactively searching for land suitable for residential development. Besides the Hung Shui Kiu and Tung Chung developments, we are also actively seeking for land in the urban area for residential usage. Currently we have identified some slots of land, which altogether can provide over 55,000 residential units in the future. The Government is very committed to satisfy housing demand through increment of land supply."

Mr KK Ling, Director of Planning, HKSAR Government revealed the Hong Kong 2030+ Vision with strategic opportunity belts in northern New Territories and Lantau.

Each of these action areas are reflected in the conference with urban planning case studies from London and Singapore, new commercial community case studies from Roppongi Hills and Taikoo Place, and an insightful discussion on the future of Hong Kong's silver hair market. 

RICS also announced the publication of its Futures Report titled "Our Changing World: Let's Be Ready" which talks about the need for new skills, sustainable planning and global competitiveness.

With a mission to promote and enforce the highest professional qualifications and standards of the built environment sector, RICS provides education and training standards for professionals, and advises governments and businesses on relevant issues worldwide. RICS will prepare a report based on key takeaways from the conference, which will form part of its annual policy submission to the Chief Executive towards the end of the year.

Prof Andrew Leung, FRISC, Chairman, Organising Committee said: "Effective use of existing resources and cross-industry collaboration will be crucial to ensuring sustainable growth for our city. There will be obstacles ahead, but with RICS expertise and support from both public and private sectors, we will be able to overcome them."

About RICS

Confidence through Professional Standards

RICS promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure. Our name promises the consistent delivery of standards -- bringing confidence to the markets we serve.

We accredit 118,000 professionals and any individual or firm registered with RICS is subject to our quality assurance. Their expertise covers property, asset valuation, real estate management; the development of infrastructure; and the management of natural resources, such as mining, farms and woodland. From environmental assessments and building controls to negotiating land rights in an emerging economy; if our members are involved the same professional standards and ethics apply.

We believe that standards underpin effective markets. With up to seventy per cent of the world's wealth bound up in land and real estate, our sector is vital to economic development, helping to support stable, sustainable investment and growth around the globe.

With offices covering the major political and financial centres of the world, our market presence means we are ideally placed to influence policy and embed professional standards. We work at a cross-governmental level, delivering international standards that will support a safe and vibrant marketplace in land, real estate, construction and infrastructure, for the benefit of all.

We are proud of our reputation and work hard to protect it, so clients who work with an RICS professional can have confidence in the quality and ethics of the services they receive.

 

About RICS Asia

 

 

 

RICS Asia supports a network of over 20,000 individual professionals across the Asia region with an objective to help develop the land, property and construction markets in these countries, by introducing professional standards, best practice education and training. We promote RICS and our members as the natural advisors on all property matters. We also ensure that services and career development opportunities are provided to members.

RICS Asia region serves local member associations locating in Brunei, Japan, Malaysia, Singapore, Thailand, The People's Republic of China, Hong Kong SAR, Taiwan and South Korea. It also has members working across the region such as Bangladesh, Bhutan, Burma/Myanmar, Cambodia, Indonesia, Kiribati, Laos PDR, Macao SAR, Mongolia, Nepal, North Korea, The Maldives, The Philippines, Timor East and Vietnam. For more information, please visit: www.ricsasia.org.

About RICS Futures Report

"Our Changing World: Let's be ready" is the theme of the report which examines how global social and economic changes will require new skills, business models and responses to developing technologies over the next 15 years. Significant shifts in demographics, levels of urbanisation and economic power will impact on how and where we live. While the full impact of these changes is impossible to predict, RICS as a global professional body must lead the sector in being responsive and agile in how it prepares the profession to meet these changes. 

This report draws on the views and perspectives of stakeholders from diverse specialisms and geographies across the surveying profession, globally. It captures the insights and expectations of what they project the most pertinent issues on the horizon will be leading to 2030. Through workshops, public forums and one-on-one interviews, more than 400 people from Asia, North America, South America, Europe and Africa shared their outlook of what the future may look like. The report identifies 6 areas of action geared to the short to medium term that will support the profession and the sector in preparing for the challenges and opportunities these changes will generate. These actions include:

 

  • Action Area #1: Helping our sector win the war for talent
  • Action Area #2: Having ethics at the heart of everything we do
  • Action Area #3: Creating successful and sustainable future cities
  • Action Area #4: Embracing technology and big data
  • Action Area #5: Helping the surveying profession take new opportunities
  • Action Area #6: Developing strong leadership

 

 

Details of the report can be found on: www.rics.org/changingworld

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Source: RICS
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