The platform’s main contractor is Hong Kong’s communication technology firm, PCCW Solutions, owned by Richard Li, son of tycoon Li Ka Shing. PCCW Solutions said the delay was caused by manpower shortage amid the pandemic. iFast is a subcontractor appointed to help build the platform.
iFast Corp has maintained its guidance for FY2023 to FY2025 for now, even though recent reports that the Hong Kong ePension platform's roll out schedule has fallen behind by eight months.
According to the Hong Kong Provident Fund, the Hong Kong pension platform is still aimed to be up and running by end of 2025.
