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Response of the Hong Kong Productivity Council to the Director of Audit's Report No. 53

The Hong Kong Productivity Council (HKPC) welcomes the value for money audit report issued by the Audit Commission today (25 November 2009) on the Council's management and operation. HKPC Council Chairman Mr Clement Chen said: "HKPC accepts the recommendations of the Audit Report. The Audit Commission has put forth many useful recommendations that fit nicely with the on-going reform currently being undertaken by HKPC. We are fully committed to implementing the Audit Report's recommendations to further enhance our operation and internal systems."

"HKPC is proactive in the continuous improvement of our corporate governance. Among the various recommendations put forth by the Audit Report, we have either implemented or have firm plans to implement them as soon as possible."

"As a public organization with over 40 years of history, many of HKPC past practices may not measure entirely up to modern-day best management practices. To move with times, HKPC conducted two consultancies in 2006 to review the Council's policies and practices in the areas of purchasing, administration and human resources. Most of the recommendations put forth by the consultancies have already been implemented. The Audit Commission's recommendations complement our continuous reform towards building HKPC into a stronger and more effective industry support organizations."


Hong Kong Productivity Council
25 November 2009