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Budget Speech

Foster Re-industrialisation

111. The Re-industrialisation Funding Scheme, which was launched in July last year, provides subsidies, on a matching basis, to manufacturers for setting up new smart production lines in Hong Kong.  The scheme has received 12 applications so far.

112. The Advanced Manufacturing Centre in the Tseung Kwan O Industrial Estate and the Microelectronics Centre in the Yuen Long Industrial Estate, being developed by the HKSTPC, will be completed in the coming years.  The two centres will provide a total gross floor area of over 140 000 square metres for smart production and high-end manufacturing industries.  Quite a number of enterprises have expressed interest in setting up establishments in the two centres.

 

 

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