With Hong Kong facing a chronic housing crisis, the government has been actively promoting Modular Integrated Construction (MiC) as a solution to the problem by improving construction efficiency and alleviating manpower shortage. To expedite housing supply, the government took a step further in incentivizing and encouraging the adoption of MiC last year by relaxing floor area and building height restrictions for MiC projects.
In light of this, Chun Wo Construction Holdings Company Limited ("Chun Wo") participated as a supporting organization in a seminar titled "Opportunities and Challenges in a New Era of Modular Integrated Construction." The seminar was hosted by the Hong Kong Property Technology Association (HKPTA) and co-supported by REVIVE TECH ASIA (REVIVE). It attracted over a hundred business leaders, industry professionals, government officials, and scholars to participate in the discussion, all of whom brought lively discussion and unique perspectives on the topic.
The seminar was held both in-person at The Community Lab and online, featuring a range of expert speakers from the industry, including Ms. Winnie Ho, JP, HKSAR Secretary for Housing, Ir Dr. Pang Yat Bond, Derrick, JP, Honorary Advisor of HKPTA, Sr. Lee Ka Lun, Stephen, Chairman of Chun Wo, and Mr. Billy Wong, BBS, JP, General Manager (GM) of Construction of Henderson Land Development. They discussed at length the development and future opportunities of MiC from multidimensional views, including industry ecology, government policies, private markets, talent acquisition, and technology, providing valuable insights for stakeholders from various sectors.