The Development Bureau (DEVB) of the Hong Kong Special Administrative Region Government and the Ministry of Finance of Singapore signed a Memorandum of Understanding (MOU) in Singapore today (December 1) to enhance expertise and experience exchanges in infrastructure project management and delivery.
The MOU was signed by the Permanent Secretary for Development (Works), Mr Ricky Lau, and the Permanent Secretary of the Ministry of Finance of Singapore, Mrs Tan Ching Yee.
Mr Lau said that Hong Kong and Singapore invest in infrastructure to generate long-term benefit for society, and share similarities in the implementation of infrastructure projects. The collaboration and exchanges between the two places would be conducive to the development of the construction industry.
The MOU strengthens the collaboration in raising the productivity and performance of the construction industries in the respective markets and transforming project delivery through adoption of digitisation and innovative construction methods, as well as enhancing the leadership competency and project delivery capability of project leaders.
Also attending the signing ceremony were the Head of the Project Strategy and Governance Office of the DEVB, Mr John Kwong, and the Executive Director of the Centre for Public Project Management of the Ministry of Finance of Singapore, Mr Chia Ser Huei.
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