Hopewell Holdings
On 19 November 2008, Hopewell Holdings issued a press release stating that it will be revising the development plan of its Hopewell Centre II; aiming to achieve more of a balance between “"economic development and environmental protection"” in the new proposal. Currently the total investment budget for the new centre is to be around HK$5 billion which will encompass a HK$400 million road improvement plan, widespread tree planting and a public park. The company believes the project will considerably enhance Wan Chai's commercial value upon completion in 2016.