The Limited Times

Now you can see non-English news...

The Science Park, Innovation Center and 3 Industrial Estates further reduce rents for a period of half a year, with a maximum rent waiver of 75%

2020-09-16T03:23:13.793Z


The new crown pneumonia epidemic in Hong Kong has not stopped. The Hong Kong Science and Technology Parks Corporation announced today (16th) that it will provide a new round of financial support measures for existing tenants in the Science Park, Innovation Center, Tai Po, Yuen Long and Tseung Kwan O Industrial Estates, as well as incubation companies. The Science and Technology Park said that from October 1 this year to March 31 next year, tenants will be provided with up to 75% rent relief. The beneficiary tenants include partner companies, retail and restaurant operators, and professional service companies. Tenants can apply for rent reduction from September 16 to October 15.


Social News

Written by: Li Enci

2020-09-16 11:07

Last update date: 2020-09-16 11:07

The new crown pneumonia epidemic in Hong Kong has not stopped. The Hong Kong Science and Technology Parks Corporation announced today (16th) that it will provide a new round of financial support measures for existing tenants in the Science Park, Innovation Center, Tai Po, Yuen Long and Tseung Kwan O Industrial Estates, as well as incubation companies.

The Science and Technology Park said that from October 1 this year to March 31 next year, tenants will be provided with up to 75% rent relief.

The beneficiary tenants include partner companies, retail and restaurant operators, and professional service companies. Tenants can apply for rent reduction from September 16 to October 15.

The Hong Kong Science and Technology Parks Corporation announced that it will provide a new round of financial support measures for existing tenants and incubation companies in the Science Park, Innovation Center, and Tai Po, Yuen Long and Tseung Kwan O Industrial Estates.

Starting from October this year, the Science and Technology Park Corporation will provide tenants with a rent concession of up to 75% for a period of 6 months, subject to a ceiling of 5,000 square feet.

Tenants can apply for rent relief from now until the 15th of next month.

Beneficiaries include partner companies, retail and restaurant operators, and companies that provide professional services.

The new round of rent reduction measures will take effect immediately after the end of the previous round of the half-year rent exemption program (April to September).

The Science Park Company continued to point out that the incubation companies participating in the Incu-App, Incu-Tech and Incu-Bio Biomedical Technology Incubation Program (Incu-Bio) will be available from October this year to In March of next year, it will receive a grant of 37,500 yuan.

Eligible companies can still apply for 75% rent reduction assistance after receiving subsidies.

Huang Keqiang, Chief Executive Officer of the Science and Technology Parks Corporation, said that the epidemic continues to put pressure on Hong Kong's innovation and technology industry. He hopes that the new round of financial support measures can help partner companies and start-ups overcome difficulties and jointly maintain Hong Kong's innovation and technology strength as an international gathering of innovation and technology. Ground.

The Science and Technology Park Corporation will announce to tenants the eligibility for rent relief and subsidies, as well as detailed information on the procedures.

New crown pneumonia | URA's rent reduction measures extended for 3 months until the end of December

New crown pneumonia|The Education Center Alliance approves the government to call for rent reduction to be invalid and promotes 140,000 subsidies to help rent payment

Lam Cheng: Pushing the third round of anti-epidemic fund to promote Pokka and Wellcome to reduce prices to return rent reductions in large shopping malls

The G2000 Harbour City branch was taken over by the bailiff Tian Beichen said the shop was closed without notice without a rent reduction

New crown pneumonia | The epidemic hits the catering and retail industries, the Liberal Party advocates government owners to reduce rents for two months

New Coronary Pneumonia Science Park

Source: hk1

All news articles on 2020-09-16

You may like

News/Politics 2024-02-29T18:17:23.260Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.