Skip to main content

Budget Speech

Sports Development

164. The Government has been proactively promoting sports development with new resources allocation of more than $60 billion since 2017 for promoting sports in the community, supporting elite sports and maintaining Hong Kong's status as a centre for major international sports events, as well as for providing more sports and recreational facilities. These efforts encourage collaboration among different sectors of the community in fostering a strong sports culture.  In 2019, the Government injected $6 billion into the Elite Athletes Development Fund to subsidise the provision of comprehensive support to athletes through the Hong Kong Sports Institute.  We also injected $250 million into the Hong Kong Athletes Fund in 2020 to encourage more athletes to commit to full‑time training as well as dual-track development in sports training and academic studies.  I am delighted to see that Hong Kong athletes achieved outstanding and encouraging results in international sports events last year, and I hope more young people in Hong Kong will pursue a career in sports, develop their potential and bring glory to Hong Kong.

165. Besides, we are pressing ahead with the Kai Tak Sports Park project, which is scheduled for completion by the end of next year.  We are also actively implementing the $20 billion Five‑year Plan for Sports and Recreational Facilities, and taking forward the construction and upgrading of community sports and recreational facilities.  Meanwhile, we are progressively carrying out the five‑year plan to transform the public play spaces managed by the LCSD.



Previous Page | Content | Next Page