Hong Kong Financial Secretary Paul Chan Mo-po announced on Sunday that the China-led Asian Infrastructure Investment Bank (AIIB) has expressed interest in providing financing for the Northern Metropolis, a major urban development project in Hong Kong. The statement followed discussions involving global finance leaders regarding the city's infrastructure ambitions.
The Northern Metropolis is a strategic mega-project aimed at integrating Hong Kong with the broader development of the Greater Bay Area. The potential involvement of the AIIB highlights the project's regional significance and the city's ongoing efforts to secure international capital for its long-term infrastructure goals.
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