HONG KONG (Reuters) - As Hong Kong recovers from one of the strongest typhoons in decades, a controversial plan to build a vast artificial island is facing intense scrutiny from environmental groups, lawmakers and academics who say it will be vulnerable to rising sea levels and storms.
The East Lantau Metropolis plan, backed by powerhouse property developers including New World Development <0017.HK> and Henderson Land <0012.HK>, is the government's favoured option to address a chronic housing shortage in one of the world's most expensive property markets.