The Maritime and Aviation Training Fund (MATF) came into operation on 1 April 2014. The aim is to build up in due course a vibrant, diversified and competitive pool of professionals and technical personnel to support Hong Kong’s future development in the two sectors. With a total commitment of $500 million by financial year 2023-24, the MATF sustains and enhances the Government’s support for the manpower development and promotion of the maritime, aviation and logistics industries.