Urban Renewal Authority 2018-19 Annual Report

3 VISION, MISSION AND VALUES OUR VISION To create quality and vibrant urban living in Hong Kong - a better home in a world-class city. OUR VISION OUR MISSION To realise our Vision, we act on our priorities with ingenuity and sensitivity, join forces with our partners and nurture our people. Our Priorities are: • To accelerate redevelopment by replacing old buildings with new to provide a better living environment and neighbourhood; • To enable and encourage the rehabilitation of dilapidated buildings to prevent urban decay; • To preserve by maintaining and restoring buildings of historical and architectural value, and to sustain local characteristics; • To revitalise through enhancing and strengthening the socio-economic and environmental fabric for the benefit of our urban communities. Our Partners are: • Affected communities including tenants and owners; • Government; • Development and financial institutions; • Professionals and academics; and • Other stakeholders. Our People are: • Caring and innovative, aspiring to create value through urban renewal for the community of Hong Kong. LEADERSHIP ACCOUNTABILITY PEOPLE-ORIENTED TEAMWORK INNOVATION VALUE-ASPIRATION

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