Smart Traffic Fund

In the 2019 Policy Address Supplement, the Chief Executive announced the setup of the Smart Traffic Fund (“Fund”) to provide funding support to local organisations or enterprises for conducting research and application of innovation and technology with the objectives of enhancing commuting convenience, enhancing efficiency of the road network or road space, and improving driving safety. $1 billion have been earmarked for the Fund, which commences operation in 2020-21. The Transport Department has engaged the Hong Kong Productivity Council as the Implementation Partner to serve as the Secretariat for the Fund.

Applicant Category

Quick Links

Note: All Smart Traffic Fund applications shall be submitted via the online application system, submission by other means will no longer be accepted.

Have further questions?

SME ReachOut offers one-on-one free consultation sessions.

To encourage collaboration among industry, academic and research sectors, the maximum funding support has raised up to 70% of the Estimated Project Cost for projects to be carried out jointly by Applicants from Corporate Sector and the Public Sector Research Institutions. For details, please refer to the Guide to Application on the website.