GCTL8.com (FocusAsia Media Ltd)

HONG KONG, Jan 17 (FAM) – The Government plans to introduce a bill into the LegCo this year to amend the Inland Revenue Ordinance to offer tax concession so as to attract companies to develop aircraft leasing business in Hong Kong.

Upon commissioning of the Hong Kong-Zhuhai-Macao Bridge (HZMB), it will take only 65 minutes to transport goods from Zhuhai to the Kwai Tsing Container Terminals (KTCTs), instead of about 3.5 hours at present.  Meanwhile, the journey time between the Hong Kong International Airport (HKIA) and Zhuhai will be reduced from 4 hours to 45 minutes, thereby greatly increasing business opportunities for the modern logistics sector in Hong Kong.