The one-year-old land company "Family Fund" has allocated 50 million yuan to cooperate with more than 60 non-governmental organizations to promote different projects, accounting for half of the initial investment amount. During the period, it will help 1,000 young people living in sub-divided houses and their families. Launched a long-term education project, striving to achieve the goal of benefiting more than 1,400 Hong Kong young people, and helping 61 young people with disabilities or special needs participate in the employment skills training program, and 43 positions provided by 28 employers Carry out connection work.
The Land Company announced the expansion of the "Home Fund" to mainland China to expand the market for assistance.
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The "Family Fund" was established in November 2020. The Land Company initially invested 100 million Hong Kong dollars. The purpose is to help the younger generation unleash their potential and create a more diversified, open and inclusive society, so as to enhance the social mobility of low-income families. Assist in solving long-term deep-seated socio-economic issues.
Over the past year, the Family Fund has promoted many projects. In terms of supporting families suffering from housing problems, it has reached a cooperation with the Hong Kong Council of Social Service, and 27 non-governmental organizations have provided support services for 1,000 young people living in subdivided houses and their families. It is able to serve sub-dwelling tenants in Yau Tsim Mong and Sham Shui Po districts.
As for promoting youth development, in order to strengthen support for young people, the "Family Fund" has cooperated with six non-governmental organizations in the past year; and launched a long-term education project with the goal of benefiting more than 1,400 young people in Hong Kong. During the epidemic, 300 lithographic computers were donated to the partner institution, President Chen, for free tuition world.
Hu Yuyi, Senior Corporate Social Responsibility Manager of Hongkong Land, said that relying on the support and active participation of NGO partners, company employees, tenants and business partners, the Home Fund can make greater contributions to society.
Land Land will review the need to invest new funds into the "Home Fund" from time to time.
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