Tech fund boosts construction sector

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     The Government has injected $2.2 billion to the Construction Innovation and Technology Fund to promote innovative construction methods and technologies. Up to end-March, the fund has assisted some 1 330 companies, offering funding grants of about $1.68 billion.

     News.gov.hk interviewed a representative from a local engineering equipment firm to explore how the funding is helping to improve site safety and construction efficiency. Meanwhile, the Construction Industry Council, a key stakeholder, offered insights into the fund's operations.

     The story is available at www.news.gov.hk/eng/feature from today (April 27) in text and video format.

Ends/Sunday, April 27, 2025
Issued at HKT 10:00

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