HK education chief flags possible top-up funding for Northern Metropolis university town

Hong Kong's education secretary indicated willingness to seek additional funding if the HK$10 billion loan scheme for the Northern Metropolis university town proves insufficient, while stressing that institutions' financial plans must be feasible. The HKMA and HKAB task force will designate 11 tertiary institutions as public sector entities to facilitate bank financing. This signals ongoing government commitment to the Northern Metropolis project but with fiscal prudence.

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