HONG KONG -- Hong Kong Chief Executive Carrie Lam, who runs one of the world's most expensive cities, has rolled out a plan to build 1,700 hectares of artificial islands, in an effort to tackle the acute housing shortage.
In her second policy address on Wednesday, Lam said the proposed land reclamation, near Hong Kong International Airport, will be home to 260,000 to 400,000 apartments in the next three decades, of which 70% will be used for public housing.
