Economic policy and industry strategy to improve Hong Kong’s position as an International Maritime Centre. The strategy, which covered all aspects of maritime activities from ship owning to ship finance and international arbitration, was commissioned in response to policy and other developments in Singapore and Shanghai, which has intensified competition in Asia.
Waters Economics, in conjunction with the maritime consultant, led the overall strategy. This included consideration of the underlying drivers of change in the maritime industry, the development of a strategy framework, human resources requirements and institutional arrangements for implementation.
Waters Economics proposals for governance arrangements included a new Maritime Statutory Body. This proposal was included in the Chief Executive’s Policy Address.
Comparative Advantage | Visioning | Governance Arrangements