On 22nd April 2026,the Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) established the Northern Metropolis Financial Advisory Taskforce to spearhead financing solutions for Hong Kong’s strategic northern expansion. Comprising 15 leading financial institutions with extensive project finance expertise, the Taskforce serves as a collaborative platform to align banking services with regional development goals.The mandate includes providing professional advisory on structured financing, identifying capital requirements for large-scale industrial projects, and proposing actionable recommendations to expedite project delivery. This initiative aligns with the national 15th Five-Year Plan, positioning the Northern Metropolis as a primary catalyst for economic growth and regional integration. By leveraging the banking sector’s expertise in capital mobilization and innovation, the Taskforce aims to provide the robust financial framework necessary to secure Hong Kong’s long-term competitiveness and sustain its role as a strategic gateway within the Greater Bay Area.
Source: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/04/20260422-4/