CITF

Background

The Construction Innovation and Technology Fund (CITF), with an approved allocation of HK$1 billion, was established by the Development Bureau of the Government of the Hong Kong Special Administrative Region (DEVB) in October 2018.  The Construction Industry Council (CIC) is commissioned by DEVB to be the implementation partner. In the 2022-23 budget, an additional $1.2 billion was injected by the Government of the HKSAR to support the CITF’s ongoing operation and implementation of enhancement measures launched recently.

The CITF is established to encourage wider adoption of innovative construction methods and new technologies in the construction industry with a view to promoting productivity, uplifting built quality, improving site safety and enhancing environmental performance. The CITF is dedicated to:

  • A

    Encourage wider adoption of innovative construction methods and technology in the construction industry (in short, technology adoption), and

  • B

    Build up the capacity of industry practitioners (ranging from skilled workers to professionals ) and tertiary students of construction-related disciplines to build an innovative culture and foster the mind-set to espouse new technology for the continuous improvement of the industry (in short, manpower development).