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flag Hong Kong cancels tenders, shifts to government-led development to boost tech and economy.

flag The Hong Kong government has taken a more active role in economic development by canceling tenders for two sites to accelerate the Northern Metropolis project. flag Instead, these sites will now be used to promote high-value industries and technology. flag This shift indicates a move towards a more direct government involvement, similar to Singapore's model, aiming to transform the northern New Territories into a key economic and housing area.

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