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Hong Kong Government Press Releases (info.gov.hk)·HK·

Maiden voyage of southbound yachts from Guangdong realises two-way navigation for Guangdong-Hong Kong individual yacht travel (with photos)

The maiden voyage ceremony of southbound yachts from Guangdong was held today (October 16), marking the official implementation of the scheme. The Acting Financial Secretary, Mr Michael Wong; the Secretary for Transport and Logistics, Ms Mable Chan; and the Director of Marine, Mr Wong Sai-fat, officiated at the ceremony to welcome five visiting yachts from Guangdong. In his speech at the ceremony, the Acting Financial Secretary, Mr Michael Wong, said that Hong Kong is actively developing into a yachting hub in Asia. He noted that the global yacht market has continued to grow in recent years, with the luxury yacht market in particular experiencing significant expansion. He added that the market value of the superyacht industry is projected to reach approximately $350 billion by 2032, representing a massive scale. He believed that Hong Kong has the potential, capability, and strength to secure a share of this market. He said that the Hong Kong Special Administrative Region Government is proactively implementing various measures to promote the yacht economy, including the three measures introduced by the Marine Department in June to facilitate yachts to visit Hong Kong. He also mentio

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