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The Transport Department (TD) today (November 26) announced that a first batch of three projects have been approved by the Management Committee on Smart Traffic Fund, involving a total grant of around $8 million.
The three approved projects are: (1) HKSafeDriver, (2) Network-wide Traffic Speed-Flow Estimator, and (3) Investigation of an online datadriven intelligent automation platform for drivers considering the psychological condition instability and behaviours for a sustainable and safe transportation system. Details of the projects are available on the Fund’s website (www.stf.hkpc.org).
The $1 billion Smart Traffic Fund has been open for application since March this year 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. Over 20 applications have been received so far.
The TD appeals to interested organisations and enterprises for active 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.
The Fund accepts applications all year round. Application details are available on the Fund’s website. For enquiries, please contact Hong Kong Productivity Council, the Secretariat of the Fund, on 2788 5536 or [email protected].
Ends/Friday, November 26, 2021
Issued at HKT 10:00