49. As our logistics industry
faces increasingly stiff competition, we must further
raise our competitiveness in order to reinforce our
position as an international logistics hub.
Later this year, the Government will launch the
Digital Trade and Transportation Network System.
This system will enhance the competitiveness of
our logistics industry by offering an open, neutral,
stable and secure e-platform where logistics and related
industries can exchange information and data, and by
facilitating global information flow and service
For the future development
of our port, including the timing and site-selection for
Container Terminal 10, we will have to take into account
such information as the updated cargo forecast and the
findings of the ecology study.
As regards the
project, the Government has sought the views of the
logistics industry on the park's operational
characteristics and planning parameters.
A detailed feasibility study has been
commissioned to meet the statutory requirements for the
planning and reclamation of the park site.
To consolidate our
position as an international port as well as a shipping
and logistics hub, we must promote our strengths and the
latest developments in these areas in the Mainland and
overseas markets. In
2005?6, the Government will provide funding of $5
million each to the Hong Kong Logistics Development
Council and the Hong Kong Maritime Industry Council to
enhance the marketing of our port, shipping and
In terms of international
air cargo throughput, our airport is the busiest in the
advantage of this, the Airport Authority is actively
seeking out strategic partnerships with Mainland
airports in a bid to improve development and
co-operation in the logistics industries of both sides.
We will, of course, also continue to expand our
cross-boundary transport network and other
infrastructural facilities to meet the needs of our