Market Chatter: Hong Kong Plans Northern Metropolis Logistics Hub

MT Newswires Live01-19

Hong Kong plans to develop a logistics cluster for high-value goods, e-commerce, and the low-altitude economy in the Northern Metropolis, the South China Morning Post reported, citing the Transport and Logistics Bureau.

The proposed 30-hectare-plus cluster in the Hung Shui Kiu/Ha Tsuen New Development Area would offer tailored incentives, including land grant arrangements and premium concessions, to attract leading logistics players, according to the report.

The cluster will reportedly comprise five zones, covering high-value goods, e-commerce, freight forwarding, and low-altitude economy activities, and a smart and green transport depot.

Land formation is underway, with sites expected to be ready between 2027 and 2032, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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