Mineral Resources in Hong Kong
Hong Kong's limited mineral resources have played a modest role in the region's construction sector. The government's proactive policies and regulations ensure the sustainable development of these resources while promoting environmental protection and responsible practices. Large construction companies in Hong Kong, such as Gammon Construction Limited and China State Construction Engineering (Hong Kong) Limited, are taking steps to reduce their environmental impact and embrace sustainable practices. As Hong Kong continues to develop its infrastructure and built environment, it will need to balance its economic ambitions with its commitment to environmental sustainability and social responsibility.
Government Policy
The Hong Kong government has focused on the sustainable use of its limited mineral resources. The Civil Engineering and Development Department (CEDD) oversees the management and regulation of quarrying activities in Hong Kong. The government's main objectives are to ensure environmentally responsible practices, promote the recycling of construction waste, and maintain the supply of construction materials in a sustainable manner.
With a growing emphasis on environmental protection and sustainability, the Hong Kong government is also promoting the use of renewable energy sources and the development of green technologies to reduce the region's reliance on fossil fuels.
The Largest Companies Related to the Sector
Given Hong Kong's limited mineral resources, the region does not have large-scale mining companies. However, there are some large construction companies that utilize local resources, such as granite, for their projects. The largest of these include Gammon Construction Limited and China State Construction Engineering (Hong Kong) Limited.
- Gammon Construction Limited is a leading construction company in Hong Kong and a joint venture between Jardine Matheson and Balfour Beatty. The company operates across various sectors, including building, civil engineering, foundations, and property development.
- China State Construction Engineering (Hong Kong) Limited is a subsidiary of China State Construction Engineering Corporation, one of the world's largest construction and real estate conglomerates. The company is involved in various construction projects in Hong Kong, including infrastructure, residential, and commercial developments.
Recent News Articles
- Gammon Construction Limited: In 2021, Gammon Construction announced its commitment to reducing its carbon emissions and improving its environmental performance. The company is investing in energy efficiency projects, renewable energy sources, and green construction technologies to achieve its sustainability goals.
- China State Construction Engineering (Hong Kong) Limited: In recent years, the company has been involved in several high-profile infrastructure projects in Hong Kong, such as the Hong Kong-Zhuhai-Macao Bridge and the construction of new residential developments. The company is also focusing on green construction technologies and environmentally friendly practices to minimize the environmental impact of its projects.
