"To be honest, I have great confidence in Hong Kong's geographic location and plan to build more factories here. The products produced could cover half of Asia. According to my plans, that amount of land is far from enough. You know, Governor, sometimes a large enterprise requires several thousand acres of land," Hardy said, exaggerating his intentions.
In reality, Hong Kong's geographic location was not ideal for industrial development—it lacked natural resources, and the cost of running industries there was high.
The reason Hong Kong emerged as an industrial hub for so long was largely due to the CCP's adherence to a Communist system, which caused them to fall behind for decades despite their significant advantages, such as abundant natural resources, vast land, and cheap labor.
Hardy's real goal was land hoarding.