Flood Bridge Industrial Park First Phase Project Requires 8.8 Billion

SighingCashier · 2026-03-17T18:50:42+00:00

The government plans to allocate HKD 10 billion as initial funding for the Floodwater Bridge Industrial Park, supporting its early development, with HKD 8.8 billion designated for the first phase of construction. It is estimated that this development will contribute approximately HKD 3.9 billion in annual economic benefits to Hong Kong and create 4,100 local jobs.

SighingCashier

2026-03-17 18:50:42

Abstract generation in progress

March 18, 2026

Floodwater Bridge Industrial Park First Phase Project Requires 8.8 Billion

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The government plans to allocate 10 billion HKD to Floodwater Bridge Industrial Park Limited as initial funding to support early operations and development needs. The Development Bureau submitted a document to the Legislative Council yesterday, stating that the related funds will be invested in three categories, with the highest estimated expenditure for the “First Phase Development Project,” approximately 8.8 billion HKD.
Planning to seek funding from the Finance Committee next quarter
The authorities expect the first phase of the industrial park to contribute about 3.9 billion HKD annually to Hong Kong’s economy and create approximately 4,100 local jobs. The bureau plans to…

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