Budget Speech

Education Services

108.      To promote the internationalisation and diversification of our education services, we have allocated four greenfield sites for the building of international schools. We expect that some 5 000 places will be provided in the coming few years to admit children of those who come from abroad to work in Hong Kong and attract more quality non-local students to study here.

109.      The number of self-financing degree-awarding tertiary institutions in Hong Kong has increased to four, providing a total of about 11 000 places. We awarded two sites at the end of last year for the development of self-financing degree programmes. We have also reserved a site at the former Queen Hill’s Camp in the New Territories and invited expressions of interest from relevant organisations. I will consider increasing the commitment of the Start-up Loan Scheme to help institutions meet the costs of purpose-built accommodation when needed.

110.      In his Policy Address, the Chief Executive proposed to establish a Self-financing Post-secondary Education Fund with a total commitment of $2.5 billion for the development of self-financing post-secondary education. We plan to set up the Fund in the second half of this year.

Content | Next Page