Relocation Rental Support Project

In order to provide targeted assistance to facilitate recyclers to upgrade their operation efficiency and enhance their capability in industrial premises, a streamlined programme is available for applicants to implement Relocation Rental Support Project (RRSP) under the Enterprise Support Programme (ESP) projects.

Funding scope is set out as follows:

To provide rental support on operation site and associated car parking spaces (if applicable) to the applicants, given that the applicants will relocate from existing operation sites including street-corner shops and other improper sites to appropriate operation sites such as industrial buildings or lands zoned for industrial purpose which will enhance the operation of the recyclers.  Since this type of project is for relocation only, there is no need for applicant to fulfill additional throughput quantities and conduct quantity audit of the projects.

Funding Amount and Principles

• The funding ceiling for each RRSP application is HK$15 million.
• RRSP should be a one-off rental relocation support for each successful applicant and no funding would be provided for further relocation of operation sites.
• Funding would be granted on a matching basis, i.e. the Government will cover a maximum of 50% of the total approved project cost and the applicant has to contribute no less than 50% of the total approved project cost in cash.
• The cumulative funding ceiling and the number of approved projects per applicant should make reference to that of ESP.  Funding for RRSP will count towards the cumulative funding ceiling and the maximum number of approved projects under the ESP.
• Each application should be completed within 48 months.
• Application may be rejected if it is made to circumvent any prescribed limit and requirement under the ESP.  The approved funding amount should exclude utilities, rental deposit and rental expenses of assets provided in the premises, such as furniture and equipment, etc.