
Land value capture mechanism : the case of the Hong Kong MTR
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Date
2014
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No. 4
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Abstract
ESCAP supports governments in Asia-Pacific in implementing measures to efficiently involve the private sector in infrastructure development. Developing case studies is part of this effort and promotes exchange of experience among the countries of the region.
Case 4: Land Value Capture Mechanism / The case of the Hong Kong Mass Transit Railway
This case study clarifies how property development programme has been used to finance Hong Kong’s public transport system and whether this model is replicable in other countries.
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