Hong Kong is investing HK$215 million to develop a next-generation Port Community System as part of its smart port transformation, with Transport and Logistics Secretary Lam Mei-bau announcing plans to eventually integrate blockchain technology into the digital platform. The funding approval comes as the city works to maintain its position as a global top-four port in operational efficiency, according to comprehensive competitiveness indices that evaluate both throughput volume and service quality.
The digital initiative will initially enhance information sharing among shipping, port, and logistics operators before expanding to offer value-added services. Lam revealed the government is taking a measured approach to another emerging sector - the low-altitude economy - with plans to launch the second phase of pilot applications in early 2025 after careful regulatory development and public consultation. "This new sector must develop steadily if it's to succeed long-term," she cautioned during a recent briefing.
Infrastructure projects are also progressing, with the Northern Metropolis Highway project being optimized through design changes that reduce underground sections to just 0.5 kilometers for greater cost efficiency. The smart port development aligns with Hong Kong's strategy to reinforce its status as an international logistics hub through technological innovation, particularly as it handled 14.4 million TEUs last year despite global trade headwinds. Lam emphasized that the blockchain integration will focus on attracting high-value maritime services while improving operational transparency across the supply chain.
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