HKMU welcomes LegCo approval of a HK$1.3 billion loan for new campus development

News HKMU welcomes LegCo approval of a HK$1.3 billion loan for new campus development
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HKMU welcomes LegCo approval of a HK$1.3 billion loan for new campus development

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HKMU News Centre HKMU welcomes LegCo approval of a HK$1.3 billion loan for new campus development

HKMU welcomes LegCo approval of a HK$1.3 billion loan for new campus development

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Hong Kong Metropolitan University (HKMU) welcomes the approval of a HK$1,317.48 million loan by Finance Committee of the Legislative Council (LegCo) today (19 September) to the University under the Start-up Loan Scheme for post-secondary education providers, from the Loan Fund. This loan will support part of the development costs for HKMU's proposed new campus in Ho Man Tin, advancing the University's long-term development.

Prof. Paul Lam Kwan-sing, HKMU President, expressed his gratitude for LegCo's support. “As Hong Kong's first university of applied sciences, HKMU is committed to strengthening industry connections and industry-academia-research collaboration to actively nurture the professional talent needed by society,” he said. “The new campus will be well utilised to enhance teaching and research facilities while creating connectivity and synergy with the University's existing campuses in Ho Man Tin. This project will contribute to further developing Hong Kong into an international post-secondary education hub and nurturing more professional talent for Hong Kong and the country.”

The proposed new campus, positioned as “A Hub for Community Health and Wellness”, is located at the junction of Sheung Shing Street and Fat Kwong Street in Ho Man Tin. It will encompass a total gross floor area of approximately 31,770 square metres. This comprehensive campus project will include a library, a large auditorium, laboratories, classrooms and sports facilities, providing a high-quality teaching and learning environment for students and faculty members while fostering closer engagement with the community.

The proposed new campus is located at the junction of Sheung Shing Street and Fat Kwong Street in Ho Man Tin. (Photomontage)

Hong Kong Metropolitan University (HKMU) welcomes the approval of a HK$1,317.48 million loan by Finance Committee of the Legislative Council (LegCo) today (19 September) to the University under the Start-up Loan Scheme for post-secondary education providers, from the Loan Fund. This loan will support part of the development costs for HKMU's proposed new campus in Ho Man Tin, advancing the University's long-term development.

Prof. Paul Lam Kwan-sing, HKMU President, expressed his gratitude for LegCo's support. “As Hong Kong's first university of applied sciences, HKMU is committed to strengthening industry connections and industry-academia-research collaboration to actively nurture the professional talent needed by society,” he said. “The new campus will be well utilised to enhance teaching and research facilities while creating connectivity and synergy with the University's existing campuses in Ho Man Tin. This project will contribute to further developing Hong Kong into an international post-secondary education hub and nurturing more professional talent for Hong Kong and the country.”

The proposed new campus, positioned as “A Hub for Community Health and Wellness”, is located at the junction of Sheung Shing Street and Fat Kwong Street in Ho Man Tin. It will encompass a total gross floor area of approximately 31,770 square metres. This comprehensive campus project will include a library, a large auditorium, laboratories, classrooms and sports facilities, providing a high-quality teaching and learning environment for students and faculty members while fostering closer engagement with the community.

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