Mask Production Subsidies Reassigned

The Commerce & Economic Development Bureau today announced that the subsidy quota for three mask production lines have been reassigned.

Three production lines, previously approved under the Local Mask Production Subsidy Scheme, have withdrawn from the scheme, the Government said.

The subsidy quota concerned has been allocated to SDL Skin (Asia), Safeguard HK and SwissTech.

SDL Skin (Asia) has been approved for obtaining a subsidy for a second production line and is expected to supply an average of 1.6 million masks every month to the Government. The production line may receive a subsidy of up to $1 million.

Safeguard HK has been approved for obtaining a subsidy for one production line and is expected to supply an average of 500,000 masks to the Government every month. The production line may receive up to $2 million.

SwissTech has been approved for obtaining a subsidy for one production line and is expected to supply an average of 2 million masks every month to the Government and produce a further 1 million masks on average monthly for the local market.

The production line may receive up to $3 million.

It is estimated that when all 20 subsidised lines under the scheme are in full production, they will collectively supply 33.85 million masks to the Government and a further 7.15 million to the local market monthly.

The companies which withdrew from the scheme were CareHK and Shang Manufactory.

The Government did not sign agreements with or make disbursements to these firms.