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The Economy

Government Procurement

The government seeks to procure stores and services at the best value for money in a publicly accountable manner. Its procurement practices are underpinned by the principles of open and fair competition, transparency, innovation and integrity. The Government Logistics Department is the government's procurement agent for the purchase of goods and related services required by departments. In 2019, the department procured goods and related services amounting to $6.16 billion from 26 countries and territories, including Hong Kong.

Open tendering is normally adopted. The department maintains supplier lists of different categories of goods and services for sourcing. It publishes tender notices online and notifies relevant listed suppliers about open tenders. As Hong Kong, China is a signatory to the Agreement on Government Procurement of the World Trade Organisation, tender notices for procurements covered by the agreement are also published in the Government Gazette and issued to consulates and overseas trade commissions where appropriate. Bidders may download tender documents and submit their offers online.

Websites

Financial Services and the Treasury Bureau (Treasury Branch): www.fstb.gov.hk/tb/en Government Logistics Department: www.gld.gov.hk

Office of the Government Economist, Financial Secretary's Office: www.oge.gov.hk

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