What’s an FS to do with $100 billion spare cash? LegCo members weigh in on priorities for the surplus, whatever it is. Today: Lo Wai-kwok.
Lo Wai-kwok (盧偉國) – Business and Professionals Alliance; FC – Engineering
I think initiatives related to innovation and technology should be the focus of the upcoming Budget, just as the Chief Executive did in his Policy Address. In particular, I hope the Financial Secretary will set a tax deduction of three times for start-ups in the field of innovative and scientific research.
As the legislator representing the engineering sector, I hope the FS will give a clearer picture as to what the “Hong Kong 2030+” strategy can deliver. The Government so far outlined seven infrastructure projects but the strategy is yet short of details. Instead of handing out one-off reliefs, the Government should make policies that will facilitate Hong Kong’s long term growth its priority.
Latest posts by Alex Fok (see all)
- Austrian motor giant brings waves of goodwill to Hong Kong – October 16, 2017
- Harbour Crossings October 13 – October 13, 2017
- Business community welcomes “pragmatic and inclusive” proposals in policy address – October 12, 2017