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Hong Kong halts HK$4.6 billion air mail centre plan amid geopolitical tensions

Hong Kong has halted a HK$4.6 billion (US$592 million) redevelopment plan for an air mail centre designed to turn the city into a postal and logistics hub, after authorities cited a 67 per cent reduction in postage volume over five years due to geopolitical tensions. The project cancellation is the second this month by the government after it earlier shelved a HK$700 million exhibition hall in Wan Chai to showcase major development projects, including the Northern Metropolis, amid a burgeoning...


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