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Budget Speech

Professional Development of Construction Industry

191. I have set aside $15 million for the work of the Centre of Excellence for Major Project Leaders over the next two years to enhance the professionalism, innovation capabilities and cost-effectiveness management of the construction industry.  The Centre will organise summits and various events to promote exchanges and co-operation transcending geographical and sectoral boundaries.

192. To attract more young people to join the construction industry, we and the Construction Industry Council (CIC) will jointly allocate funding totalling about $95 million to continue the provision of on-the-job training subsidies to trainees enrolling in part-time construction-related degree programmes over the next two academic years.  It is anticipated to benefit about 1 000 trainees.

193. The CIC will allocate around $150 million to subsidise the construction industry to provide on‑the‑job training for about 2 500 graduates of degree programmes in engineering, architecture, surveying, planning and landscape architecture.  This will assist more young people in obtaining professional qualifications.

 

 

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