HONG KONG - The Hong Kong Special Administrative Region (HKSAR) government will invest over 100 billion Hong Kong dollars (US$12.9 billion) annually in infrastructure projects during the next several years, Financial Secretary Paul Chan Mo-po said Sunday.
The government will not slow down its work to push society forward in a bid to break development bottlenecks and improve people's living conditions, Financial Secretary Paul Chan Mo-po said
The government will continue to push forward a series of projects concerning people's livelihood, including affordable housing, land reclamation, reconstructions of hospitals and railway networks, Chan said in an online article.
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Chan said he believes such projects will improve the urban environment and make Hong Kong more livable.
After a year of the economic recession, the budget is under pressure but the government will not slow down its work to push society forward in a bid to break development bottlenecks and improve people's living conditions, Chan said.
In the article, Chan also reviewed the government work in the past year.
The government encourages the construction sector to adopt more digital technologies and has allocated HK$200 million to train workers, Chan said.
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