Hong Kong to boost its infrastructure for economic growth

Published on : Monday, January 4, 2016

Hong KongInfrastructure investment helps boost Hong Kong’s economic development, creates job opportunities, improves people’s quality of life and enhances Hong Kong’s long-term competitiveness.

The Government issued the statement today in response to the public procession held on Hong Kong Island, saying it will spare no efforts in implementing these projects.

Large-scale infrastructure projects, such as the Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, the Hong Kong-Zhuhai-Macao Bridge and the airport’s three-runway system, can bring long-term economic and social benefits to Hong Kong, it said.

Apart from underpinning Hong Kong’s status as a transport and aviation hub, these projects are expected to open up numerous job opportunities for various sectors as well as promote trade and cultural exchanges, benefiting the community at large.

It said the Government has all along been adopting long-term and visionary planning and implementing infrastructure projects in a timely manner.

Beyond mega infrastructure projects, the Government has invested a lot of resources in livelihood-related projects, including hospitals, schools, community facilities, roads, drainage and waterworks, with a view to providing quality facilities for the general public.

It said the Government will adhere to the principle of prudent management for public funds and prioritise projects with due regard to their urgency and cost-effectiveness.

Hong Kong’s long-term economic growth and livelihoods will be adversely affected if some infrastructure projects grind to a halt, it added.

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