Our Hong Kong Foundation (OHKF) recently released its analysis on the benefits and possible development models of Lantau Tomorrow Vision. As a large-scale infrastructure project, Lantau Tomorrow Vision not only achieves counter-cyclical effect in times of economic downturn, but also creates a wide range of jobs, maintaining employment in the city. Indeed, the benefits brought by Lantau Tomorrow Vision alone outweigh its costs. In addition to benefiting from significant land sale proceeds, the community can also reap other benefits including 180,000 public housing units and around 200,000 new jobs, as well as strategic transport network bridging Hong Kong Island and the New Territories.

While there are concerns that Lantau Tomorrow Vision would impose a heavy burden on the government, OHKF pointed out that the government had adopted a vast array of development models for large-scale projects in the past, to minimize impacts on cashflow and ease its financial burden. Examples include the sale of development rights, the "Payment-before-delivery" model, the establishment of a specialized agency, the BOT model (Build-Operate-Transfer), the “Rail-plus-property” mode, and so on. OHKF suggested the Government to adopt development models according to the project natures; we also called for the Government to explore suitable models in its preliminary study, so as to provide a clear direction for Lantau Tomorrow Vision.