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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. HK$1 billion have been earmarked for the Fund, which commences operation in 2020-21.
The Fund aims to provide support for enterprises or organizations to conduct research and application on vehicle-related I&T with at least one of the following objectives:
Enhancing convenience of motorist
Enhancing efficiency of the road network or road space
Improving driving safety
The vehicle-related I&T projects to be funded should be in line with the relevant Government’s policies, including the Smart City Blueprint for Hong Kong or Smart Mobility Roadmap for Hong Kong for promoting smart mobility in Hong Kong.
A Management Committee (“MC”) has been set up to vet and approve applications under the Fund and monitor the implementation of the Fund.
| CHAIRPERSON | |
| Deputy Commissioner for Transport / Planning and Technical Services, Transport Department | |
| NON-OFFICIAL MEMBERS | |
| Mr CHOW Hin Poon, Hugh | |
| Mr FONG Po Kiu, Francis | |
| Mr KONG Yat Hung, James | |
| Ir Prof. WONG Sze Chun |
|
| Ir SO Hung Tak, Charles | |
| OFFICIAL MEMBERS | |
| Principal Assistant Secretary (Transport) 2 or representative, Transport and Logistics Bureau | |
| Assistant Commissioner for Innovation and Technology (Funding Schemes) or representative, Innovation and Technology Commission | |
| Assistant Government Chief Information Officer (Industry Development) or representative, Office of the Government Chief Information Officer | |
| Assistant Commissioner / Technical Services, Transport Department | |
| Chief Engineer / Smart Mobility, Transport Department |