Dedicated 100% Loan Guarantee Scheme for Cross-boundary Passenger Transport Trade and Dedicated 100% Loan Guarantee Scheme for Travel Sector Extend Application Period

HKMC Insurance Limited, acting on behalf of the Government, has announced a final extension of the application period for the Dedicated 100% Loan Guarantee Scheme (DLGS) for Cross-boundary Passenger Transport Trade and the DLGS for Travel Sector. The application period for both schemes will now run until 28 October 2024. These schemes were initially introduced on 29 April 2023 to provide support to the cross-boundary passenger transport trade and the travel sector in their efforts to recover from the impacts of the COVID-19 pandemic. Detailed information about the schemes can be found on their dedicated website: https://www.hkmc.com.hk/dlgs. Eligible enterprises and individuals interested in applying for the loans can approach the relevant lending institutions, while any inquiries from the public can be directed to the schemes’ hotline at 2536 9788. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/04/20240423-5/