Page 96 - Demo
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                                    Over the past decades, industry practitioners and academia have been proposing ideas and recommendations on how to maintain Hong Kong’s competitiveness and capture new opportunities in logistics. However, without a responsive and effective executive body, these proposals often get lost in the shuffle.We have summarised here nine recommendations proposed by the industry and academia. These recommendations run the gamut of maritime ecosystems, the labour force, logistics R&D, Trade Single Window, digitalisation and trade finance. To enhance Hong Kong’s competitiveness amid intense regional competition in terms of logistics, we believe the Government and the newly established statutory body should take timely actions based on these recommendations (Figure 59).There is no doubt that Hong Kong has not been short of good suggestions. However, oftentimes strategic investment that can benefit the whole industry in the long run may not necessarily be profitable enough in the short term for individual operators to take actions. The Government should not wait and expect that issues like manpower shortages or the under-supply of infrastructure can be solved by the market alone. As the Government has embraced the role of a ‘facilitator’ and ‘promoter’, it needs to step up and take concrete actions nimbly to resolve issues in the interest of the society, so that Hong Kong can continue to strive and stay on top of the game in the future.We do not lack suggestions, but good execution94
                                
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