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Hong Kong to launch electronic transportation network

Hong Kong to launch electronic transportation network

   Hong Kong will launch “a digital trade and transportation network” next year to allow logistics players in the supply chain to exchange information and data, a senior government official said.

   “We are also developing a Digital Trade and Transportation Network system to provide a neutral and secure interface,” said Stephen Ip, Secretary for Economic Development & Labor of Hong Kong. He said service integration and information connectivity are crucial to the success of modern logistics hubs.

   The Hong Kong government has also identified a site close to the airport for the development of a value-added logistics park, Ip said.

   Speaking at a dinner reception in Hong Kong, Ip the Mainland/Hong Kong Closer Economic Partnership Arrangement had provided added impetus to Hong Kong’s logistics development by opening up new opportunities for Hong Kong logistics companies. The Closer Economic Partnership Arrangement gives Hong Kong service providers access into the mainland market in 18 service sectors, including logistics, transportation, freight forwarding and storage and warehousing services.