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news.gov.hk  
 From Hong Kong's Information Services Department
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April 23, 2009
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Jobs creation

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LegCo to consider works funding
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The Government will apply for funding from the Legislative Council Finance Committee tomorrow for 20 works projects worth $12.6 billion, creating about 15,000 jobs.

 

One of them is Operation Building Bright, a $1 billion project which will create 10,000 jobs for maintenance workers. The Government will put up $700 million, while the Urban Renewal Authority and Housing Society will each cover $150 million.

 

Nine tertiary education institution projects, worth $6.532 billion, will create 2,506 jobs. They are:

* Polytechnic University's phase 8 development;

* Centennial Campus phase 1 & 2 of the University of Hong Kong;

* the University of Science & Technology's new academic building and the Institute for Advanced Study;

* Chinese University's centralised general research laboratory complex (block 1) and two integrated teaching buildings;

* City University's academic and administration building; and

* Lingnan University's new academic block and student hostel.

 

The Government has proposed upgrading the improvement works for Mong Kok Stadium. This will cost about $275.5 million and create 210 jobs.

 

It has also recommended a $988.3 million increase in the 2009-10 allocations for six works-related block allocations under the Capital Works Reserve Fund, from a total of $4.243 billion, creating 1,600 jobs.

 

Infrastructure upgrades

Other projects to be considered by the Finance Committee include:

* road improvement works associated with the proposed re-alignment of Ngau Tau Kok Fourth Street and Fifth Street and construction of nearby footbridge links (92 jobs to be created);

* North District and Tolo Harbour sewerage, sewage treatment and disposal upgrade (305 jobs);

* consultants' fees and site investigation for a planning and engineering study on the development of Lok Ma Chau Loop (25 jobs);

* infrastructure works for Tseung Kwan O stage I landfill site (103 jobs);

* widening of Tsuen Wan Road between Tsuen Tsing Interchange and Kwai Tsing Interchange and associated junction improvement works (42 jobs);

* reconstruction and improvement of Tuen Mun Road (20 jobs);

* retrofitting noise barriers on Fanling Highway, from the MTR Fanling Station to Wo Hing Road (184 jobs); and

* retrofitting noise barriers on Fanling Highway from Po Shek Wu Road to the MTR Fanling Station (371 jobs).