Budget Speech

Implementing Development Projects, Investing in the Future

Pushing Ahead Public Works Projects

82.      A key strategy of this Government is to promote economic growth through infrastructural development. Over the past 20 months, we have made good progress in implementing the Chief Executive's initiative of undertaking ten major infrastructure projects to enhance our overall competitiveness and in carrying out other major projects. We estimate that capital works expenditure for 2009-10 will be as high as $39.3 billion.