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Extended application period for Subsidy Scheme for Encouraging Early Deployment of 5G
     To encourage more public and private organisations to deploy 5G technology to foster innovation, the deadline for application of the Subsidy Scheme for Encouraging Early Deployment of 5G, which was launched under the Anti-epidemic Fund with a funding of $100 million, will be extended for five months to December 31.
     The Scheme subsidises 50 per cent of the costs in a project for the deployment of 5G technology, subject to a cap of $500,000 for each project. Since its launch in May 2020, there has been an enthusiastic response to the Scheme, with 141 applications already approved, which covered innovative applications in various aspects and sectors such as a remote real-time healthcare system, a construction site safety monitoring system, remote mechanical maintenance, 4K/8K live broadcast of musical performances or sports coaching, etc.
     "With its edge of high speed, low latency, high capacity and massive connectivity, 5G provides enormous development potential for different business services and smart city applications. The Scheme aims to encourage early deployment of 5G in various industries, thereby enhancing efficiency, productivity, and quality of their services," a Government spokesman said.
     Details of the Scheme and the application form are available on the website of the Office of the Communications Authority (www.ofca.gov.hk/en/industry_focus/industry_focus/5g_subsidy/index.html). Enquiries can be made by phone at 2961 6333 or email at 5g-subsidy@ofca.gov.hk.
Ends/Monday, June 20, 2022
Issued at HKT 12:00
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