Hong Kong URA bars Taizoom Elevator from subsidy scheme after fire-safety failures

Hong Kong's Urban Renewal Authority has advised property owners under a subsidy scheme to avoid hiring Taizoom Elevator, citing lost confidence after the contractor failed to install fire-resistant door frame components in lifts at 338 buildings. The government suspended the firm's performance rating a day earlier, and inspections are ongoing. This is a regulatory and safety compliance issue affecting building infrastructure, with potential liability and remediation costs.

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