HK$500m needed for renovations

PUBLISHED : Tuesday, 15 June, 2010, 12:00am
UPDATED : Tuesday, 15 June, 2010, 12:00am

The government will ask the Legislative Council to approve extra funding of HK$500 million to subsidise more repair work at old buildings. The Development Bureau said this would be added to the HK$300 million left from a funding scheme launched in 2008 and allow the renovation of about 900 old buildings. Inspectors have identified 600 of these as problematic.