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  9. On Fat Lung Innovative Resources Limited ESP-2021-21-004 (Project Details)

Assessment

Vetting

Protection of the Project Data Confidentiality

Project Details

Standard Project
Relocation Rental Support Project
Projects from New and Start-up Enterprises
One-off Rental Support Scheme
One-off Recycling Industry Anti-epidemic Scheme
Industry Support Programme

Supporting Residential Buildings in Adopting Smart Bins Technology in Food Waste Collection and Recycling

One-off Frontline Recycling Staff Support Scheme

Application and Fund Disbursement Process

Project Details
Project Details
Reference No. ESP-2021-21-004
Applicants On Fat Lung Innovative Resources Limited
Project Summary To enhance the collection and treatment of waste tyres as rubber powder, metal wires, paving blocks and rubber pads.
Commencement Date 09-Aug-2021
Completion Date 08-Aug-2025
Project Duration (Months) 48
Approximate Approved Amount (HKD) $7,900,000
Type(s) of Recyclables Waste rubber tyres, waste metals
Target Quantity Processed(1)(2)(3)(tonnes) 2,500

Notes:
(1) Target quantity processed refers to the quantity of recyclables expected to be collected for the whole project.
(2) The figures are rounded to the nearest hundred.
(3) Some Industry Support Programmes aim to enhance the overall capability and productivity of the recycling industry, including providing training courses to enhance the skills of recycling practitioners, enhancing safety and health standards and certification/ registration schemes, developing guidelines and setting up economic incentive schemes, etc., and therefore no target quantity processed was set.