Feb 21 • 11:10 UTC 🇫🇷 France Le Figaro

Hong Kong: Authorities wish to compensate the 1736 owners of apartments destroyed in the deadly fire

Authorities in Hong Kong plan to compensate 1736 owners of apartments destroyed in a tragic fire that claimed 168 lives.

Three months after the devastating fire at Wang Fuk Court in northern Hong Kong, which led to the loss of 168 lives, the authorities announced their intention to compensate the homeowners whose properties were destroyed. The compensation plan involves acquiring property titles from the affected owners, indicating that the destroyed buildings will not be rebuilt. This decision comes amidst public outcry from displaced residents, who have been requesting alternative housing solutions, with some expressing hope for the reconstruction of their former homes.

The incident, which left a profound impact on the community, has seen families and individuals left without shelter and security. As Hong Kong officials prepare to allocate up to HKD 6.8 billion (approximately USD 870 million) for these compensations, questions arise about the long-term plans for displaced residents and the overall housing crisis in the region. The fire's aftermath has stirred discussions about safety regulations and the need for improved infrastructural measures to prevent future tragedies.

Moreover, the government's approach to handling the aftermath of such a calamity may set a precedent for future incidents within the densely populated city. As communities mourn, the focus is on ensuring the well-being and dignity of those affected, while the government grapples with the financial and logistical aspects of addressing this housing crisis in a city known for its high real estate prices and limited space.

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