168. Over the past decade or so, we have allocated a total of $2.4 billion for the Revitalising Historic Buildings through Partnership Scheme, under which 19 historic building conservation projects have been launched so far. Through the Financial Assistance for Maintenance Scheme on Built Heritage, we have also assisted private owners in carrying out proper maintenance works for 71 historic buildings. Moreover, we are committed to enhancing public awareness of conservation of historic buildings and supporting relevant academic research.
169. The Built Heritage Conservation Fund has subsidised many successful revitalisation projects, such as Tai O Heritage Hotel, Lui Seng Chun and Jao Tsung‑I Academy since its establishment. These revitalisation projects have become local highlights, attracting many people to visit during leisure time. They also enhance Hong Kong's appeal as a tourist destination, and many of them have won international awards for heritage conservation. I propose to earmark an additional funding of $1 billion for the Fund, with a view to further promoting the conservation of heritage and historic buildings.
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