Urban Renewal Authority 2018-19 Annual Report

28 HIGHLIGHTS OF THE YEAR 04 To enhance the transparency of tender results, the URA Board approved a new arrangement for publishing information on joint venture development tender award. In addition to the usual release of details of the successful tenderer and its holding company upon the award of the tender, the URA would disclose the successful tender amount as well as the identities of unsuccessful but conforming tenderers. The tender amounts of those unsuccessful but conforming tenders would also be published anonymously after the execution of the Development Agreement with the successful tenderer. 2018 05 Aiming to encourage young people to apply their knowledge and creativity to innovative designs that could help improve the quality of life and living environment for the elderly in old urban districts, the first-ever URA/IVE Innovative Design Competition 2018 was organised in collaboration with the Hong Kong Institute of Vocational Education (IVE), a member of the Vocational Training Council. A dome-shaped innovative design won the competition from among almost 50 entries for its concept of connecting the elderly with the youth and the overall community. 06 Commenced the Wing Kwong Street/ Sung On Street Development Project in Kowloon City under the district-based approach to bring in more planning and community benefits. This included enhancement of the local transport network and pedestrian environment through integrated planning with the five adjourning projects. Announced the preliminary findings of the Archaeological Impact Assessment of the Nga Tsin Wai Village Project and proactively expanded the archaeological investigation and excavation work by independent archaeological experts to assess the overall heritage value of the site and came up with recommendations on preservation solutions.