Lantau Tomorrow Vision (Chinese: 明日大嶼願景), also known as the Kau Yi Chau Artificial Islands, is a postponed development project in Hong Kong which proposes creating the city's third central business district (CBD) by constructing large artificial islands through massive land reclamation.
[1] The project was first suggested in 2014 by the city's chief executive, Leung Chun-ying, before being formally proposed in 2018 by his successor, Carrie Lam, in her second policy address.
[citation needed] In the Port Development Strategy of the late 1980s and the 1990s, reclamation in the area was intended for container terminals nos.
[4][5] The idea of the massive reclamation in the eastern waters off Lantau Island was suggested by Chief Executive Leung Chun-ying's policy address in January 2014, where he proposed the strategic studies on artificial islands in central waters for the development of the East Lantau Metropolis (ELM) for long-term land supply.
Roy Tam Hoi-pong of the environmental group Green Sense, expressed his worry that the project would drain the city's coffers, estimating it could cost up to HK$1 trillion (US$128.2 billion), almost all of Hong Kong's fiscal reserves.
[16] Former Hong Kong Observatory director Lam Chiu-ying warned that the reclaimed area would be vulnerable to rising sea levels and extreme weather due to climate change.
"[20] In March 2023, the government announced that the Belcher Bay Promenade, opened in phases starting from 2019, could be closed for five years in order to build a road to the project.