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<Budget>HK Govt to Roll Out 3 Sites in Hung Shui Kiu/ Ha Tsuen New Development Area Shortly for University Campus Development in NM, Earmarks HKD10B for Providing Loans
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Financial Secretary Paul Chan announced in the Budget for the new fiscal year that the Hong Kong government will roll out three sites in Hung Shui Kiu/ Ha Tsuen New Development Area shortly for application by UGC-funded universities and universities of applied sciences for campus development in the Northern Metropolis (NM). It will also earmark HKD10 billion for providing loans to support campus development. Chan also added that the Hong Kong government has earmarked resources to support, on a matching basis, the Hong Kong University of Science and Technology (HKUST) in developing the third medical school, which aims to admit its first cohort of students in the 2028/29 academic year. The new medical school will focus on nurturing talents with both clinical and R&D capabilities and attracting more medical talents to take up teaching and research positions. AAStocks Financial News |
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