It could be done privately under the right circumstances. Government could incentivize it with a special economic zone. There's also a large exodus of Hong Kong

It could be done privately under the right circumstances. Government could incentivize it with a special economic zone. There's also a large exodus of Hong Kong residents who've proposed to build a city in Ireland. https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland https://www.theguardian.com/world/2020/jul/28/hong-kong-prop...