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[Wuhan Pneumonia] Government allocates 9.6 billion to subsidize tourism retail hotels

2020-02-19T17:18:02.898Z


In response to the pneumonia epidemic in Wuhan, the government increased the epidemic prevention and anti-epidemic fund to 30 billion yuan, and submitted documents to the Finance Committee of the Legislative Council to apply for funding. The government proposes to allocate about 9.6 billion yuan to provide one-off funding to the tourism, retail and restaurant industries, including 80,000 yuan to each travel agency and licensed hotel, which is expected to be distributed within one month after the fund is established. In addition, the Hong Kong Government also proposes to pay government contract workers and security workers a subsidy of 1,000 yuan per month for at least 4 months, which is estimated to benefit 62,000 workers and cost about 250 million yuan.


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Written by: Chen Qianting

2020-02-20 01:13

Last updated: 2020-02-20 01:13

In response to the pneumonia epidemic in Wuhan, the government increased the epidemic prevention and anti-epidemic fund to 30 billion yuan, and submitted documents to the Finance Committee of the Legislative Council to apply for funding.

The government proposes to allocate about 9.6 billion yuan to provide one-off funding to the tourism, retail and restaurant industries, including 80,000 yuan to each travel agency and licensed hotel, which is expected to be distributed within one month after the fund is established.

In addition, the Hong Kong Government also proposes to pay government contract workers and security workers a subsidy of 1,000 yuan per month for at least 4 months, which is estimated to benefit 62,000 workers and cost about 250 million yuan.

▼ Hong Kong masks, panic buying, conflict, winter under the epidemic ▼

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The Government's paper submitted to the Finance Committee of the Legislative Council proposes to allocate about 9.6 billion yuan to provide a one-off subsidy to the tourism, retail and restaurant industries. In terms of tourism, the Hong Kong Government claims that the occupancy rate of hotels has been reported to be extremely low Level, and the tourism industry has been affected by social events since the second half of 2019. The outbreak may have further impacted and closed down small travel agencies. It is planned to distribute 80,000 yuan to each travel agency and licensed hotel.

At present, there are about 1,800 licensed hotels and about 1,736 licensed travel agencies in Hong Kong, involving about $ 290 million in funding. The government said that as long as the hotels and travel agencies can determine their accounts, it is expected to be distributed within one month after the establishment of the fund.

The Government also proposes to allocate 3.73 billion yuan to distribute 80,000 or 200,000 yuan in subsidies to the restaurant industry licensees, and another 5.6 billion yuan has been set aside to help the retail industry overcome difficulties.

1.25 billion yuan to frontline workers and security guards

The document mentions that the Hong Kong Government proposes to use the fund to distribute a subsidy of at least 4 months and 1,000 yuan per month to cleaners, toilet clerks and security workers under the service contracts of the government and the Housing Authority, which is estimated to benefit 62,000 workers. The total expenditure is about 250 million yuan.

The cleaning and security personnel of other buildings will also benefit. The government proposes to sell the plan to private dwellings other than public housing and the "Three No Buildings", the Housing Authority's plan to sell the plan, and the HS's plan to sell the plan. Staff also receive a monthly allowance of 1,000 yuan. As for buildings with corporations or property management companies, they can receive a subsidy of $ 2,000 to enhance cleaning work. It is estimated that more than 200,000 frontline property management personnel serving in about 33,000 buildings will benefit. This plan will cost about 1 billion yuan.

After the establishment of the fund, cleaning workers and security guards are expected to apply in March. The government expects to start granting subsidies three weeks after the application period ends.

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Source: hk1

All news articles on 2020-02-19

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