Budget Speech

Building Capacity

98. Looking ahead, we should be more proactive in diversifying the economy and extending market coverage so as to offer more opportunities for our young people.  I believe capacity constraints are the obstacles hindering the development of emerging industries and a diversified economy in Hong Kong.  A large pool of talent with innovative capabilities will be required to develop such talent-intensive industries as I&T.  Also, land will be required to support emerging economic activities.  We will continue to introduce measures to overcome these obstacles and build capacity for the sustainable economic development of Hong Kong.  I will elaborate on the Government's measures to develop other industries, produce land and build capacity later in my speech.

 

 

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