Hong Kong lawmakers to approve HK$170 billion for city construction projects by July, reveals Chief Executive Carrie Lam
Amount is more than three times the HK$55 billion agreed to in previous legislative year
The Legislative Council’s Finance Committee is close to approving an eye-watering HK$170 billion for government construction projects, the city’s leader revealed on Tuesday.
Chief Executive Carrie Lam Cheng Yuet-ngor said the amount, which dwarfs the HK$55 billion approved in the previous legislative year, should be agreed before the Legco summer recess begins in July.
So far the committee has agreed more than HK$132 billion for government construction projects in this legislative year.
However, pro-government lawmakers, and the pan-democrats, are divided over whether the amount, which is the highest that has been approved for five years, has been made possible by improved Exco-Legco relations, or the change in the committee’s rule book that restricted filibustering.
Lam attributed the figure to extra meetings and a consensus between the administration and lawmakers on how to prioritise items for scrutiny.
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