More than one trillion in infrastructure investment in the next decade Zhang Jianzong encourages the industry to make good use of technology

More than one trillion in infrastructure investment in the next decade Zhang Jianzong encourages the industry to make good use of technology

The Chief Secretary for Administration, Mr. Zhang Jianzong, published a blog yesterday saying that the construction industry in Hong Kong continues to thrive. In the next five years, the overall construction volume is expected to remain at 250 billion to 300 billion yuan. Level. In the next decade, the government expects that the total investment in infrastructure will exceed one trillion yuan. There are a number of large-scale projects closely related to people’s livelihood, including transportation, hospitals and housing development plans.

Second quarter application for reconstruction of hospital

The construction industry in Hong Kong is currently facing problems such as high cost, shortage of manpower and declining productivity. On the one hand, the Government will strengthen the training of talents in the construction industry. On the other hand, it will encourage the industry to apply innovative technology. The Government will assume the role of “first mover” and lead the industry to keep pace with the times.

Mr Cheung said that the Government will seek funding support from the Public Works Sub-committee of the Legislative Council in the second quarter of this year, including the second and third phases of the redevelopment of Kwai Chung Hospital and the second phase of the redevelopment of Prince of Wales Hospital (Phase 1). Preparations for demolition and foundation works, preparations for the expansion of the North District Hospital and preparations for the expansion of the Mirage Building at Princess Margaret Hospital.

Mr Cheung stressed that the project concerned was related to the people’s livelihood and the future of Hong Kong. The funding applications and proposals received support from all walks of life.