Legco FC To Hold Extra Meetings To Clear Backlog

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

Related News Programmes

"); });

2019-06-08 HKT 13:23

Share this story

facebook

  • Legco FC to hold extra meetings to clear backlog

The chairman of Legco's Finance Committee, Chan Kin-por, says he hopes to hold about 40 hours of extra meetings to clear a backlog of several dozen funding requests before the council breaks for summer recess in July.

Chan described the situation as "quite critical", saying there’re more than HK$70 billion worth of projects and initiatives that still require lawmakers’ approval.

He stressed that he would reserve adequate time for more controversial items - such as a HK$550 million request for a feasibility study to build a large artificial island off Lantau.

But he believed pushing the controversial items to the back of the agenda won't help speed up vetting - because all pending items are equally urgent.

“All these items really relate to the people of Hong Kong so that they can have all these hospitals and all these different livelihood issues”, he said.

The chairman of Legco’s Public Works Subcommittee, Lo Wai-kwok, meanwhile, said there’s a need to approve funding for major infrastructural projects as soon as possible to ensure the livelihoods of local construction workers.

RECENT NEWS

A16z Crypto Opens First Office In Seoul To Expand In Asia

a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more

Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing

Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more

Modernising Bank Payments: How Banks Can Win In Merchant Acquiring

Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more

KPay Enables Tap To Pay On IPhone For Hong Kong Merchants

KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more

HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing

Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more

Endowus Launches Income Enhanced Portfolio For Professional Investors

Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more