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Friday   8 /23 /2002


HK launches new fund

 A 300 million HK dollar fund was launched Wednesday for application by the public, with a view to encouraging mutual concern and aid among people and promoting community participation.

 The Secretary for Health, Welfare and Food Yeoh Eng-kiong said, the Community Investment and Inclusion Fund (CIIF) was introduced as a new initiative by the Chief Executive in the 2001 Policy Address.

 According to Yeoh, the fund would support community-initiated projects proposed by community groups, non-governmental organizations and the private sector, that seek to promote its broad objectives.

 The period of funding sought for a project should be for no longer than three years. The closing date of the first batch of applications is October 4, 2002.

 Speaking at a press conference to launch the fund, Yeoh said: “The Chief Executive has been very concerned about the social development of Hong Kong as a whole, as well as the well-being of individuals, especially the socially-marginalized.”

 “We also see the need to invigorate and revitalize the society with a view to enhancing community participation, encouraging mutual help and support, thereby strengthening community network to support individuals and enhance social solidarity,” the secretary pointed out.

 Applications to the fund will be assessed by the Community Investment and Inclusion Fund Committee. (Xinhua)

  

  

  

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