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Re-industrialisation Funding Scheme (RFS)

Re-industrialisation Funding Scheme (RFS)

RFS aims to subsidise manufacturers to set up new smart production lines in Hong Kong.

Key Features

  • Entire or a significant portion of the production line under application should fulfil the “smart manufacturing” criteria.
  • Funding will be provided on a 1 (government) : 2 (company) matching basis.
  • Maximum funding support: one-third of the total approved project cost or $15 million per project, whichever is lower.
  • Funding scope: expenses directly related to the establishment of the new production line in Hong Kong.
  • Project duration: normally within 24 months.

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