Public Works Projects
128. While making substantial investment in infrastructure,
the Government has also strengthened its construction cost
control. Last year, the Development Bureau established a
dedicated office to manage project costs. A comprehensive
review of the public works requirements and policies is
underway to enhance cost-effectiveness. The Government will
also enhance the existing procurement procedures for public
works projects to reduce costs.
129. The Government is closely scrutinising the estimates of
works projects at the planning and design stage to optimise
designs and lower costs according to a “fitness for purpose” and
“no frills” principle. The Development Bureau has so far
examined about 60 works projects and achieved savings of about
$13 billion in project costs.