Hong Kong to take a position $12.9 billion yearly on infrastructure tasks

Image Source : AP Hong Kong to take a position $12.9 billion yearly on infrastructure tasks
The Hong Kong authorities will make investments over HK$100 billion ($12.9 billion) yearly in infrastructure tasks in the course of the subsequent a number of years, Financial Secretary Paul Chan mentioned on Sunday.

The authorities will proceed to push ahead a sequence of tasks regarding individuals’s livelihood, together with inexpensive housing, land reclamation, reconstructions of hospitals and railway networks, Chan mentioned in an internet article.

Chan believes that such tasks will enhance the city setting and make Hong Kong extra livable, studies Xinhua information company.

After a 12 months of the financial recession, the funds is underneath strain however the authorities is not going to decelerate its work to push society ahead in a bid to interrupt growth bottlenecks and enhance individuals’s dwelling situations, he mentioned.

In the article, the Financial Secretary additionally reviewed the federal government work prior to now 12 months.

Hong Kong inspired the development sector to undertake extra digital applied sciences and allotted 200 million Hong Kong {dollars} to coach staff, Chan added.

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