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Develop dedicatedlogistics nodesReform the siteallocation mechanismEstablish a statutory body for thedevelopment of strategic industriesFinally, we advocate for the Government to establish a statutory body dedicated to the development of strategic industries like the logistics industry. It does not need to start from scratch. Currently, while the Hong Kong Maritime and Port Board (HKMPB) and the Hong Kong Logistics Development Council (LOGSCOUNCIL) act as platforms to channel industry comments to the Government, they are consultative in nature and have no administrative power. The newly created statutory body, with the power to develop industrial properties and independent financial resources, will be much more effective in facilitating the development of the industry. Relocate Kwai Tsing Container TerminalsConduct economic reviews and formulate industrial policiesRecommendation 5: Establish a statutory body for the development of strategicindustries