This comes weeks after the government started inviting bids for the first four land parcels in the Lok Ma Chau Loop technology hub.
Speaking on a television programme, Sun described the market response to the initial tenders as highly positive, saying the government plans to keep the momentum going.
“Starting from now, we will launch a new batch of land parcels for tendering periodically,” he said.
“Many companies, especially high-tech enterprises, are now paying closer attention to developments in Hetao.
“Firms that are more curious [about the development] are from the fields of artificial intelligence, life and health, as well as quantum and chip technology. These enterprises are performing exceptionally well in the high-tech sector, so I am fully confident regarding future tender results.”
Asked where his confidence came from, given that the recent tender for an 11-hectare site in Hung Shui Kiu drew only two bids, Sun said the government has never been concerned about the low number of participants.
“During a tendering process, we don’t care how many people made a bid. Instead, we care about whether there is a high-quality bid,” he said.
Sun added that the government will stick to a “seize every minute and second” strategy to accelerate development.
