The upcoming cocktail reception is jointly presented by the Property, Infrastructure and Construction Interest Group (PICIG) and the Government and Public Sector Interest Group (GPSIG). The event will feature an insightful presentation themed "Who can deal with the urban decay problem in Hong Kong?" by the speaker from the Urban Renewal Authority.

Hong Kong faces significant challenges in urban decay due to limited financial and land reserves for urban renewal. To combat the issue, the Urban Renewal Authority has implemented proactive strategies and maintenance programmes to extend the service lifespan of aged buildings, ensuring they remain safe and habitable. The redevelopment is considered a last resort, reserved for buildings that are significantly deteriorated from a sustainability perspective.

Given Hong Kong's scarcity of land and housing, innovative solutions are essential. Effective land use planning, resource creation through land development, and enhancing building longevity through design and maintenance are critical challenges. The speaker will share practical and innovative approach to address these pressing issues.

Additionally, the event offers valuable networking opportunities to expand your professional network.