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Budget Speech

Transport Infrastructure

153. The Government adopts the "infrastructure‑led" and "capacity‑creating" planning principles in taking forward transport infrastructure projects, with a view to unleashing the development potential of areas along transport corridors and meeting transport and logistics demand arising from long‑term development in a forward‑looking manner while fostering better connectivity with other GBA cities.  According to the preliminary recommendations in the Strategic Studies on Railways and Major Roads beyond 2030, the Government plans to build three strategic railways and three major roads.  In order to formulate Hong Kong's future Major Transport Infrastructure Development Blueprint in the fourth quarter of this year, the Government is now consulting the public for their views on the above recommendations.

Application of Innovation and Technology in the Construction Industry

154. Hong Kong people have always been proud of our infrastructure, which is one of the keys to maintaining the city's competitiveness.  To further strengthen the advantages of our construction industry, we will promote the extensive application of advanced technologies in the construction industry to improve construction methods and materials.

Building Testing and Research Institute

155. I have earmarked $30 million for the Development Bureau (DEVB) to conduct a study on establishing the Building Testing and Research Institute and to carry out related planning and preliminary design.  Apart from R&D activities for innovative materials, construction methods and technologies, the centre will also devise standards, conduct testing and provide accreditation to spearhead innovation in the construction industry and attract R&D talent to Hong Kong.  The centre will also capitalise on Hong Kong's unique advantages to provide a platform for our country's construction standards and related products to align with those in the international market.

Advanced Construction Industrial Building

156. I have also earmarked $30 million for conducting a study on the construction of the first advanced construction industry building at a site of about three hectares in Tsing Yi, carrying out planning and preliminary design work as well as advising on its mode of operation.  The conceptual idea is to provide space for operators to set up steel reinforcement bar prefabrication yards, processing sites for Multi‑trade Integrated Mechanical, Electrical and Plumbing (MiMEP), and other advanced manufacturing yards in the multi‑storey building. 

Modular Integrated Construction Supply Chain

157. To implement the new initiatives announced in the 2022 Policy Address, I have earmarked $15 million for studying and putting in place measures to strengthen the supply chain of the Modular Integrated Construction (MiC) modules.  The scope of study will cover areas such as the manufacturing, transportation, storage and accreditation of MiC modules.  We will also explore the provision of manufacturing and storage sites in the Northern Metropolis, and ways to enhance collaboration with the GBA and optimise the MiC supply chain.

 

 

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