CE And Protesters Frustrated By Finance Committee

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1383833_1_20180304171225.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1383833-20180304.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1383833-20180304.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-03-04 HKT 15:28

Share this story

facebook

  • CE and protesters frustrated by Finance Committee

The Chief Executive Carrie Lam says the government will speak to a number of political parties about the slow pace of funding approvals in the Legislative Council. The Finance Committee has only approved around HK$70 billion worth of public works, about a third of the total.

Lam says, at the current pace, it will be impossible for the committee to deal with the remaining funding requests with only eight meetings left in the current legislative year. But she says she will not admit defeat, as suggested by some of her colleagues, and withdraw some of them.

Lam says she plans to shuffle the order to prioritise less controversial projects.

Meanwhile, hundreds of people from the construction industry have staged a rally outside Legco, demanding lawmakers vet projects faster.

A spokesman from the Construction Industry Alliance, Thomas Tse, said the problem had being going for four years and that interconnecting projects were being affected.

He said civil engineering, ground work, and advanced work studies had been hit the most.

Meanwhile, Finance Committee chairman, Chan Kin-por, has said he plans to add more sessions.

______________________________



Last updated: 2018-03-04 HKT 17:20

RECENT NEWS

HashKey Capital Gains SFC Approval For In-Kind Crypto Fund Subscription

HashKey Capital received approval from the Hong Kong Securities and Futures Commission (SFC) to offer an in-kind crypto... Read more

Alibaba Launches Qwen3 AI Model With Hybrid Reasoning

Alibaba launched Qwen3, the latest generation of its open-sourced large language model (LLM) family, on 29 April 2025. ... Read more

HKMA And Cyberport Launch Second Cohort Of Gen AI Sandbox

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cybe... Read more

InvestHKs Global Fast Track 2025 Open For Applications

Global Fast Track 2025 (GFT 2025) is now open for applications from today, 28 April 2025, until 21 September 2025. This... Read more

Ant Group To Buy Over 50% Stake In Bright Smart Securities

Bright Smart Securities & Commodities, a Hong Kong-based brokerage, made an announcement on 26 April 2025. Its chai... Read more

InvestHK Seminar In India Spotlights Hong Kongs Strategic Business Edge

Invest Hong Kong (InvestHK), the Hong Kong Economic and Trade Office in Singapore (HKETO Singapore), and the Hong Kong ... Read more