Govt Allots HK$36mn For Pre-fabricated Homes
"); jQuery("#212 h3").html("
"); });
2018-06-01 HKT 19:00
The government's Community Care Fund has approved nearly HK$36 million to build pre-fabricated housing in Sham Shui Po.
The projects will be carried out by the Hong Kong Council of Social Service.
Its plan is to place three blocks, made of stackable, prefabricated units on Nam Cheong Street. The society wants to provide transitional homes for families who have been waiting for public housing for a long time.
Its chief executive, Chua Hoi-wai, said he hopes the Buildings Department will finish vetting applications submitted by at least four builders by this month.
The council can then choose one of the firms by tender, with an aim to having the prefabricated homes completed by the second quarter of next year.
Chua also revealed that the council is discussing two other locations with the government for such prefabricated flats – one in an urban area and another in the New Territories.
HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more
QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting
QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2024
In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more
Top 11 Fintech Events In Hong Kong, Japan And Korea In 2025
East Asian countries, especially Hong Kong, China and South Korea, have become global hotspots for fintech innovation, ... Read more
Hong Kong SFC Grants Four VATP Licences, Boosting Virtual Asset Growth
The Securities and Futures Commission (SFC) announced today that it has granted Hong Kong VATP licences to four virtual... Read more
ZA Bank Chief Exec Ronald Iu Reportedly Stepping Down, May Join PAObank
Chief Executive of Hong Kong’s ZA Bank, Ronald Iu, is reportedly planning to step down early next year, according to ... Read more