Recently, Su Yigang, Managing Director of Florens Asset Management Company Limited of COSCO Shipping Development and Deputy General Manager of COSCO Shipping Financial Holdings Co., Ltd. and his party met with Dr Raymond So Wai-man, Under Secretary for Transport and Housing of Hong Kong Special Administrative Region of PRC and both sides exchanged views about the feasibility of developing 'container house' in Hong Kong.

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  During the meeting, General Manager Su Yigang briefed the business profile of COSCO Group to Dr Raymond So Wai-man, shared with him the development history of Florens as a container lease platform of COSCO Shipping Development as well as its practical experience of assisting its customer Dong Fang International Container (Lianyungang) Co., Ltd. in building 'container house' project and hoped to make contributions to the development of 'container house' of Hong Kong.

  As a large number of people live in land-scarce Hong Kong, the shortage of housing supply has been a long-term obsession of the HKSAR government. As a result, to solve the problem of housing supply is one of the key jobs of the new HKSAR government. In November 2017, Mrs. Carrie Lam Cheng Yuet-ngor, Chief Executive of HKSAR, proposed in her first policy address that the government would promote the adoption of short-term measures under the leading of non-profit-making organizations to increase the supply of transitional housing to alleviate the living difficulties of the families waiting for public housing and other persons in poor living conditions. The proposal includes prefab houses usually called 'container house' built on idle land.

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  Headquartered in Hong Kong, Florens Asset Management Company Limited, is a merger of Florens Container Holdings Limited and Dong Fang International Investment Limited in May, 2016. The Company mainly leases and manages containers and sells old containers.

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Cosco Shipping Development Co. Ltd. published this content on 11 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 April 2018 07:25:03 UTC