HK renovation council aims to curb bid-rigging, lure contractors back

Hong Kong's new Building Maintenance Support and Services Council, chaired by Financial Secretary Paul Chan, is expected to tighten oversight of renovation tenders, countering intimidation by bid-rigging syndicates. Industry players anticipate legitimate contractors will return, potentially lowering homeowner costs. The initiative marks a policy response to long-standing market distortion, though its effectiveness remains unproven.

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