The HKSAR Government has announced the development of the Kau Yi Chau Artificial Islands, which will involve the creation of three artificial islands through reclamation near Peng Chau, Kau Yi Chau, and Hei Ling Chau, to the east of Lantau Island. The estimated cost for this project is HK$580 billion (approximately US$75 billion) as of 2022. The Kau Yi Chau Artificial Islands project aims to provide around 1,000 hectares (ha) of land and accommodate between 150,000 and 260,000 residential units, with 70 percent designated as public housing. This initiative is expected to house 400,000 to 700,000 residents and generate 200,000 jobs. According to the 2024 policy address, the HKSAR Government plans to initiate the statutory environmental impact…