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Saturday, March 28, 2020, 14:12
Recyclers receive govt subsidies to ride out crisis
By Shadow Li
Saturday, March 28, 2020, 14:12 By Shadow Li

An elderly woman drags a trolley load of cardboard for recycling in Hong Kong on November 2, 2019. (ANTHONY WALLACE / AFP)

HONG KONG - A total amount of HK$5.6 million in subsidy has been distributed to the city’s recyclers to cover their rental and operation costs amid the coronavirus epidemic, a spokesperson of the Environmental Protection Department said on Saturday.

The subsidy was part of the government efforts to help the city’s various sectors to ride out the crisis caused by the novel coronavirus epidemic.

READ MORE: HK$30b relief fund gets an overwhelming nod

A total amount of HK$5.6 million in subsidy has been distributed to the city's recyclers via 2 schemes to cover their rental and operation costs amid the epidemic

Two relief measures for recyclers have received applications involving subsidies amounted to HK$36 million.

One of them, the One-off Recycling Industry Anti-epidemic Scheme, was announced in mid-March. It will reserve HK$100 million for recyclers to subsidize their operational cost for six months, with a limit of HK$20,000 per month for each recycler. The maximum amount subsidy for each eligible recycler is HK$120,000.

As of Saturday, more than 200 applications have been received, involving subsidies amounted to HK$24 million. The first batch of 18 applications has been approved and HK$1.08 million in subsidies have been disbursed. 

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The other relief measure which covers the rental of street-corner recycling shops and recycling sites has been extended from six months to 12 months. With a total funding of HK$200 million, each recycler could receive up to HK$25,000 per month and HK$300,000 in total.

The scheme has approved 84 applications since December last year, involving subsidies amounted to HK$12 million. 

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