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Smart Traffic Fund approves five projects

 
22 NOVEMBER 2023
 

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    The Transport Department (TD) today (November 22) announced that the eleventh batch of five projects has been approved by the Management Committee on Smart Traffic Fund, involving a total grant of around $49.7 million.


    The five approved projects in the latest batch cover electronic taximeter system, truck platooning technology, parking management system, digital twin‒based long-span bridge health monitoring system, and dedicated line connected autonomous bus. Details of the projects are available on the Fund’s website (www.stf.hkpc.org).


    The Fund accepts applications year-round to provide funding support to local organisations and 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. All applications are considered and assessed in batches by the Management Committee, which is chaired by the Deputy Commissioner for Transport (Planning and Technical Services) and comprises representatives from the Government, experts in the industry and relevant stakeholders.


    The TD appeals to interested organisations and enterprises for participation to help make the Fund a success, and to build Hong Kong into a liveable and sustainable city by driving Hong Kong toward a new era of transportation.


    Application details are available on the Fund’s website. For enquiries, please contact the Hong Kong Productivity Council, the Secretariat of the Fund, on 2788 5536 or [email protected].


Ends/Wednesday, November 22, 2023
Issued at HKT 15:10