Construction Innovation and Technology Fund (CITF)
We are happy to announce that QIM5D, ShareBIM & ShareBIM DWSS are on the Pre-approved Lists of the Construction Innovation and Technology Fund (CITF). It is provided to the Construction Industry Council by third-party suppliers or service providers.
Pre-approved Lists were established to let CITF applicants have hands-on references to innovation and technology. The products and technologies were already reviewed by the Vetting Sub-committee. Thus CITF applicants who choose to use these products and technologies can enjoy a streamlined application process.
The Construction Innovation and Technology Fund (CITF), with an approved allocation of HK$1 billion, was established by the Development Bureau of the Government of the Hong Kong Special Administrative Region (DEVB) in October 2018. The Construction Industry Council (CIC) is commissioned by DEVB to be the implementation partner.
The CITF is established to encourage wider adoption of innovative construction methods and new technologies in the construction industry with a view to promoting productivity, uplifting built quality, improving site safety, and enhancing environmental performance. The CITF is dedicated to:
A. Encourage wider adoption of innovative construction methods and technology in the construction industry (in short, technology adoption), and
B. Build up the capacity of industry practitioners (ranging from skilled workers to professionals ) and tertiary students of construction-related disciplines to build an innovative culture and foster the mindset to espouse new technology for the continuous improvement of the industry (in short, manpower development).
For more information, please visit CITF website: https://www.citf.cic.hk/?route=search or contact us at 2180 6144