Secretary for Finance reports to Legislative Council on infrastructure bond program

Today, the Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, held an in-depth discussion on the Infrastructure Bond Program and the Government Sustainable Bond Program at the Legislative Council Financial Services Committee. He mentioned that the purpose of these plans is to increase the borrowing limit to support the development of the Capital Works Reserve Fund.

Director Hui Ching-yu emphasized the importance of the infrastructure bond program and pointed out that it will help promote Hong Kong's economic development and improve the quality of life of citizens. He said the government will actively promote the implementation of these plans to ensure that Hong Kong can have more modern and sustainable infrastructure.

Benefits of the Infrastructure Bond Program

• Raise borrowing limit to support capital works reserve fund
• Promote economic development and improve citizens’ quality of life
• Ensure Hong Kong has modern and sustainable infrastructure

Director Xu Zhengyu also talked about the government’s sustainable bond plan, emphasizing the importance of this plan to environmental protection and sustainable development. He said the government will use these bonds to support environmental projects and promote Hong Kong's sustainable development.

Goals of the Government’s Sustainable Bond Scheme

• Support environmental protection projects and promote sustainable development
• Raise citizens’ awareness of environmental protection
• Promote the development of green economy

In summary, Director Hui Ching-yu proposed a series of important plans and policies at today's meeting, aiming to promote Hong Kong's economic development and improve the quality of life of citizens. These plans will lay a good foundation for Hong Kong's future and promote the city's sustainable development.