Policy Address

Trading and Logistics

17.         The Government attaches great importance to the sustainable development of the trading and logistics industry. The Outline of the Plan for the Reform and Development of the Pearl River Delta (the Outline) promulgated in January 2009 stresses the importance of a clear division of work, a reasonable layout and complementarities in respect of the facilities in Hong Kong and in the Mainland. We will work closely with the Mainland authorities to maintain Hong Kong's leading position in the global supply chain.

18.        It is increasingly accepted that the trading and logistics sector in Hong Kong should gradually shift to high-value goods and services. To facilitate development in this direction, we have identified a number of permanent sites around the Kwai Tsing area, which is close to our container terminals and airport. These sites will be made available to the market in phases from 2010 onwards to facilitate the development of a logistics cluster.

19.        An important measure to support our logistics industry is to enhance the handling capacity of the Hong Kong International Airport. The Hong Kong Airport Authority will carry out a midfield expansion project to provide additional aircraft stands and apron facilities and a new passenger concourse. The project can maximise the use of the two existing runways so that the airport can cope with air traffic demand up to 2020. The preliminary study on the project will be completed in 2010.

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