Page 8 - URA Annual Report 2020-21

CHAIRMAN’S STATEMENT
Building Reserves for Sustainable Urban Regeneration with Infinite Possibilities
Mr CHOW Chung-kong, GBM, GBS, JP
In my last report, I stated that Hong Kong was facing challenges from the COVID-19 pandemic and economic downturn. This would require the URA to exercise more care and financial prudence to ensure a sound and secure footing for sustainable urban renewal. We have also committed, where our ability permits, to taking on more social responsibilities to support the public through this difficult time.
As we all know, Hong Kong has been hit by several waves of the pandemic causing serious disruptions to businesses. The URA was not an exception. However, these disruptions were mitigated by the perseverance and responsiveness of the URA team. They made use of various innovative technologies to resolve many of the obstacles. I am pleased to report that good progress has been made in various areas of our work, and the pace of urban renewal has not slowed down.
4 URA ANNUAL REPORT 2020-21