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Hong Kong’s old private estates stand to benefit from HK$2 billion subsidy to upgrade parking facilities to enable charging of electric vehicles

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Hong Kong’s old private estates will obtain a total of HK$2 billion (US$254.9 million) subsidy to upgrade their parking facilities to enable the charging of electric vehicles, Hong Kong’s environment minister announced on Tuesday, a day ahead of the chief executive’s policy address.“One obstacle faced by private residences when considering the upgrade is who should bear the costs, as not all residents own electric vehicles,” said Secretary for the Environment Wong Kam-sing. “This measure should…

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