The Port of Hong Kong is an important pillar of Hong Kong's economy. The maritime and port industry contributes 1.2 % to Hong Kong's GDP, and provides 86,000 jobs accounting for 2.3% of total employment in Hong Kong.
Modern Terminals Ltd. has been a pioneer in the growth of the container terminal industry in Hong Kong and Mainland China ever since it opened Hong Kong's first purpose-built container handling facility in 1972. Today, the Company owns and operates container terminals at Kwai Tsing Container Port, Hong Kong as well as operates and holds a majority of shares in DaChan Bay Terminals in the Pearl River Delta (PRD). In PRD, it also holds equity stakes in both Shekou Container Terminals and Chiwan Container Terminal.
In recent years, the container transportation industry in Hong Kong has been facing various challenges. During the visit, there will be updates on the industry and how Modern Terminals has responded to remain competitive. There will also be a brief introduction of the company and tour of its facilities.
Hosted by the Transportation & Logistics Committee
About Hong Kong Maritime Week 2018
To drive the development of Hong Kong's maritime and port industries, the Government established the Hong Kong Maritime and Port Board (HKMPB) on 1 April 2016. After last year's resounding success with over 700 participants, Hong Kong Seamen's Union will join hands with the Hong Kong Maritime and Port Board again to organise the third Hong Kong Maritime Week Orienteering Race on 18 November 2018 (Sunday). The event will kick off the Hong Kong Maritime Week 2018. More details