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EPD takes action on concrete plants

The Environmental Protection Department said it does not tolerate concrete batching plants operating without a licence and will make every effort to stop any illegal operations.   The department made the statement in response to media reports yesterday of a concrete batching plant at 20 Tung Yuen Street in Yau Tong continuing to operate without holding a valid Specified Process Licence (SPL).   The department has been closely monitoring the operation of two plants, both owned by China Concrete. The other plant is at 22 Tung Yuen Street in Yau Tong.   Regarding the plant at 20 Tung Yuen Street, the Air Pollution Control Appeal Board dismissed an appeal lodged by China Concrete against the department’s refusal of its application for renewal of an SPL for the plant on November 22.   Under the Air Pollution Control (Specified Processes) Regulations, the plant’s SPL ceased to be valid with immediate effect and the department issued a letter requesting that all works be halte

FinTech Week a success

Hong Kong FinTech Week 2021 attracted over 20,000 participants looking for business opportunities for the fintech industry.   Held by the Financial Services & the Treasury Bureau and Invest Hong Kong in early November, the five-day event drew more than four million online views from 87 economies.   It was also host to over 300 speakers, more than 400 exhibitors, and 39 international delegations and representatives.   Notable policy measures and proposals were announced by the Government and regulators to set the global fintech agenda and secure Hong Kong’s future as the most attractive international centre for the research and development of fintech products and services.
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