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Hong Kong tycoon to visit Dundalk as plans for new city progress

Up to 15,000 Hong Kongers could relocate to Co. Louth if the development gets the green light.

Plans to build a new city for thousands of Hong Kong residents in Co. Louth have taken a step forward.

It’s proposed that up to 15,000 Hong Kongers would relocate to a newly built development called “Nextpolis” near Dundalk over the next five years.

The development would take place on a 50 square kilometre area of land, making it the country’s fifth largest city.

The Irish Independent also reports that Chinese billionaire Ivan Ko, chief executive of the Victoria Harbour Group (VHG), is set to visit
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