Hong Kong eyes multi-billion investment in recycling

China – Hong Kong wants to invest more than US$ 3 billion in recycling. The money is to be spent on organic waste treatment facilities, community green stations and waste electrical and electronic equipment processing facilities, reports the government’s information department.

Hong Kong′s financial secretary John Tsang says the government is ′actively taking forward′ the development of so-called integrated waste management facilities and the extension of the three existing landfills. ′Hong Kong needs to keep investing in environmental infrastructure to ensure cleaner air, cleaner sea water and better treatment of solid waste,′ he notes. ′They are key to meeting the aspirations for healthy living and making Hong Kong an attractive place for all.′

Hong Kong is also pursuing measures to support the recycling industry′s sustainable, long-term development by setting up a recycling fund, enhancing training and promoting green procurement.

For more information, visit: www.fso.gov.hk/eng