Statement by the Urban Renewal Authority: Newly Appointed URA Board

The management of the Urban Renewal Authority (URA) welcomes the new appointments announced by government today (Tuesday) to the URA Board, effective 1 May 2007.

"The management looks forward to the leadership and guidance of Mr. Barry Cheung, the newly appointed Chairman, and the newly constituted Board in carrying out its mission　under the Urban Renewal Strategy," said a spokesman for the URA.

The management wishes also to express its sincere gratitude to the current Board, especially its Chairman, Mr. Edward Cheng who has made invaluable contribution to the work of the URA. "Without their guidance and support over the past three years, it would not have been possible for URA to successfully engage the community in the planning of a number of key projects, or to launch the Kwun Tong Town Centre Redevelopment project, the largest single project ever undertaken by the Authority, the spokesman added.


(ENDS)