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A healthy supply of industrial land is critical to the health of the trading and logistics industry, among
other sectors.
Nevertheless, while the industry’s growth in value added in GDP has increased by
81% between 2000 and 2017, the supply of industrial land has lagged much further
behind, with a growth rate of only 37% over the same period.
We understand that in Hong Kong, industrial land is not used exclusively by trading and logistics
business, but includes some manufacturers and other purposes. However, since these other
activities are relatively minor, we would use industrial land as a proxy of economic ancillary land for
the trading and logistics sector to illustrate certain phenomenon.
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