IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Oct 2015 | Removal date: 01 Oct 2020
Still in force

Financial grant

In October 2015, the Government of Hong Kong announced the establishment of its 'Recycling Fund': a system of subsidies designed to help Hong Kong-based recycling companies to grow.

1bn HKD (129m USD) of government funding has been set aside for the project, with applications open on a yearly basis. The subsidies are given out on a project-by-project basis, with the government matching investment from the firm itself on a 1:1 basis.

According to a WTO report from 2017, 9m USD was given out to eligible entities.


The scheme is billed to run for five years.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

943 Waste treatment & disposal services

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