Friday, January 17, 2014

Committee formed to maximise local benefit of HK-Zhuhai-Macao link

News this week: The Hong Kong Government recently announced the establishment of the Lantau Development Advisory Committee. The committee will solicit proposals on the sustainable development of Lantau, which is the first point of entry in Hong Kong of the 55km Hong Kong-Zhuhai-Macao Bridge scheduled to open in 2016.

The announcement was welcomed by the Lantau Development Alliance (LaDA), a band of enterprises and local groups in Lantau, which includes the likes of AsiaWorld-Expo (AWE), Hong Kong Disneyland, and Global Sources. According to Allen Ha, chairman of LaDA and CEO of AWE, the LaDA has already recommended the Government to develop more hotel and retail facilities on Lantau.

Andrew Kam, vice-chairman of LaDA and managing director of Hong Kong Disneyland Resort, added, “…Lantau will become an essential connecting point for journeys to and from Hong Kong, Zhuhai and Macao. Coupled with the rich resources in tourism and MICE on Lantau, the Government’s newly-unveiled plan will help enhance Hong Kong’s competitiveness in the tourism and MICE sectors. In this regard, LaDA will earnestly promote the development of Lantau and hope that the Government will further improve the transportation network and supporting facilities in the region.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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