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Budget Speech

Further Encourage the Adoption of Modular Integrated Construction Method

152. Modular Integrated Construction (MiC) helps substantially shorten construction time, address the problem of manpower shortage in the construction industry and reduce the environmental impacts brought by construction works.  To expedite housing supply, the Government will introduce more concessionary measures to encourage the adoption of MiC, including increasing the concession of floor area from the current 6 per cent to 10 per cent and providing corresponding site coverage concession as well as supporting applications for exceeding building height limits due to increase in floor area caused by the adoption of MiC.  The Government will put the above measures in place in the middle of this year.

 

 

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