Private Sector Involvement (PSI) is highly relevant to government departments in Hong Kong because it -

• supports the government's push for increasing investment and employment opportunities in the community

• provides a mechanism in support of the government's "Helping Business" initiative

• facilitates the public sector reform approach of making full use of the market to optimise resource utilisation and provide better services

• provides private financing to reduce government's burden on capital investment

• aligns with the government's policy of constraining the size of the civil service

While PSI is not new in Hong Kong, there remain enormous potential opportunities of benefit to the community which have yet to be explored or fully exploited.