10 May 2001
URA Board held its first meeting
The Board of the Urban Renewal Authority (URA) held its first
meeting today (10 May 2001).
The URA Chairman, Dr Lau Wah-sum mapped out the Authority's
mission which included the following five areas:
To regenerate the run-down parts of Hong Kong through a
combination of redevelopment, revitalisation and
rehabilitation.
To make sure that the affected owners and tenants are handled
with sympathy, understanding and in a fair and equitable manner.
Special care will be given to the elderly and handicapped.
To conserve the cultural and built heritage.
To pursue excellence in environmentally friendly and
maintenance friendly building design and construction.
To minimize the URA's dependence on public funding and to
achieve a balance between costs and revenues in the long run.
Dr Lau rei
