CITF

 

Objective
  • To promote wider adoption of MiC by subsidising contractors to procure or hire MiC lifting plant, gear or equipment in MiC Projects.

 

Eligibility
  • Levy-paying Contractors
  • Registered Specialist Trade Contractors and Registered Subcontractors

 

Key Features
  • Funding Ceiling: HK$2,500,000 per project (for 6 to 15 storeys)
  • Funding Ceiling: HK$3,500,000 per project (for more than 15 storeys)
  • Funding Ceiling: Additional maximum HK$1,000,000 subsidy per project will be provided for safety-related measures incorporated in the process
  • Funding Scope: MiC Specific Constrction Plants
  • Funding Mode: 70% matching fund for costs involved per project
  • MiC projects with tender invitation date on or after 1 July 2021 shall be a building project with buildings of at least 6 storeys of permanent nature
  • Applicant shall provide proof such as BD's consent to commence superstructure works of the MiC building and commencement of MiC module installation on site for reimbursement purpose
  • Applicant shall provide BD's approval of the General Building Plan and Superstructure Plan of the MiC project together with the funding application

 

Application

 

Remarks:
The above framework applies to MiC building contracts awarded on or after 1 October 2023. For contracts awarded before 1 October 2023, please refer to the Application Framework.

 

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