Hong Kong’s Office of the Communications Authority (OFCA) says it has received an ‘enthusiastic’ response to its subsidy scheme for encouraging the development of 5G projects which was launched on 5 May. The regulator says it has so far received 81 applications for subsidies, with three of these already approved. The government will subsidise 50% of the project costs directly relevant to the deployment of 5G technology, subject to a cap of HKD500,000 (USD64,500). It is anticipated that around 100 qualified projects will be subsidised. The scheme aims to promote projects such as smart city applications.