Hong Kong workforce to shrink by 20,000 yearly as key sectors face shortages
Hong Kong’s workforce is forecast to shrink by around 20,000 a year until 2028 despite measures to import labour and talent, with shortages remaining most acute among skilled technical workers. A government report on manpower projections on Tuesday found that although the labour shortfall would narrow to 130,000 by 2028, down by nearly a third from the original estimate of 180,000, the city would…
Hong Kong's development minister announced that firms with past integrity offenses will be barred from building renovation projects, effective October 23. The pre-qualified lists, which include inspection consultants, supervision consultants, and building works contractors, will be reviewed annually. Secretary for Development Bernadette Linn Hon-ho stated that offenses such as bribery, corruption, and crimes related to false instruments and forgery will disqualify firms.
The lists aim to enhance oversight of integrity standards following a fatal fire during renovation work last November. To qualify, professionals and companies must have completed at least three inspection or repair projects in the past five years and meet financial and technical competence criteria. Suspensions and removals from the lists can occur due to new prosecutions or site safety incidents.
Linn expressed confidence that sufficient companies and professionals would meet the "stringent and pragmatic" requirements, with tenders using the pre-qualified lists expected in the first quarter of next year.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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