HK Committed to Enhancing Co-ordination with PRD

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Last updated at: (Beijing Time) Thursday, May 22, 2003

HK Committed to Enhancing Co-ordination with PRD

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Hong Kong is committed to enhancing co-ordination in the development of ports and logistics with the Pearl River Delta (PRD) of the Chinese mainland and promoting complementary development and prosperity, a Hong Kong official said Wednesday.

"In doing so, we will also maintain Hong Kong's status as an international shipping center and logistic hub and continue to respect market forces," Secretary for Economic Development and Labor Stephen Ip told the Legislative Council.

The Expert Group on Port and Logistics Development under the HKSAR/Mainland Conference on Co-ordination of Major InfrastructureProjects (Co-ordination Conference) has exchanged views on the coordination of development and planning strategies for ports and logistics facilities in Hong Kong and the Pearl River Delta (PRD) region, he said.

It has also explored ways to enhance co-operation in the investment, construction and operation of port and logistics facilities, as well as co-ordination of policies and measures to expedite port and logistics development in the region, he added.

Since the Chinese mainland's accession to the World Trade Organization, the growth in cargo volume benefited both Hong Kong and PRD ports, the secretary said.

Much has also been done to enhance the efficiency of boundary crossings and reduce transportation cost, he said.

He cited figures that at the end of last year, the three land boundary crossing points in Hong Kong handled nearly 27,000 vehicular passages everyday, representing a 6 percent growth compared with the previous year. With a 33 percent efficiency enhancement, the handling capacity per lane per hour increased from 90 vehicular passages to 120.

"We are committed to enhancing co-ordination with the mainland and promoting complementary development and prosperity in accordance with the 'One Country, Two Systems' and the principle of 'complementing strengths, mutual cooperation and reciprocal benefits,'" he said.

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