Lawmaker: insurance claims can fund redevelopment of Wang Fuk Court

發佈日期: 2025-12-10 00:03
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已複製連結
The Legco representative of the insurance sector believes claims stemming from the Tai Po blaze
could be used for redevelopment.

Redevelopment of the complex will cost an estimated one billion dollars. 

The owners' corperation of the estate reportedly bought a 2 billion-dollar insurance, covering exterior walls and communal areas. 

Chan Kin-por, the lawmaker representing the insurance sector, says compensation should fund the redevelopment, but he's not sure if it's enough to cover all costs.

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