– The purpose of this paper is to evaluate the effectiveness of urban renewal policy by comparing urban renewal in Hong Kong with that undertaken in Macao.
– This study reviews the concepts of urban renewal in the two cities and examines related policies in Hong Kong and Macao.
– The study finds that the emphasis of urban renewal policy rests on the principles of self-financing, holistic planning and public-private partnerships. In order to deal with urban renewal issues, the Chinese Government has adopted a “People First, District-based, Public Participatory” approach based on public engagement and, to this end, it has introduced various measures, such as the District Urban Renewal Forum and the Urban Renewal Trust Fund. However, compared with Hong Kong, Macao’s efforts at urban renewal policies have been disjointed and piecemeal.
– The study adopts the principle of public management and compares the two cities’ urban policies to highlight the importance of both government leadership and public engagement for successful urban renewal.
