The tale of murkiness that is the Lok Ma Chau Loop

Of the HK$50 billion budgeted [for innovation]HK$20 billion will be earmarked for the first ­ phase of the Hong Kong Shenzhen Innovation ­ and Technology Park in the Lok Ma Chau Loop, for infrastructure and initial operation and start-up costs.
SCMP, March 1
Let’s put some things in perspective here. That HK$50 billion that our financial secretary so casually tossed out for innovation is the equivalent of HK$20,000 for each and every household in Hong Kong and the HK$20 billion…

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