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13th Asian Logistics, Maritime and Aviation Conference opens
Industry titans gather to seize opportunities and plan green, efficient supply chains

BriefingWire.com, 11/21/2023 - The 13th edition of the Asian Logistics, Maritime and Aviation Conference (ALMAC) 2023, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and Hong Kong Trade Development Council (HKTDC), commenced today (21 November) at the Hong Kong Convention and Exhibition Centre.

This annual gathering for the logistics, maritime and aviation sectors attracts industry professionals from around the world. Themed Future-proofing Supply Chains: Diversification - Decarbonisation - Digitalisation, the conference draws nearly 70 speakers to share their insights in 20 forums, fostering exchange and discussion on industry developments. Fu Xuyin, Vice Minister of the Ministry of Transport of the People’s Republic of China delivered the Keynote Address in person, and Financial Secretary of the HKSAR Government Paul Chan was the Guest of Honour and delivered Opening Remarks.

Welcoming participants, Margaret Fong, Executive Director of the HKTDC, said: “With collaboration the lynchpin of the success of the logistics, maritime and aviation industries, all sectors of society must come together to address supply chain vulnerabilities. Industry players, supply chain management service providers and shippers from all over the world once again gather in Hong Kong for this annual event, underlining the city’s status as a key logistics, maritime and aviation hub. ALMAC highlights the myriad of opportunities arising from increased regional connectivity, with a focus on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Regional Comprehensive Economic Partnership (RCEP) as well as the development of railways connecting China to Europe. In light of the importance of greener, more sustainable supply chains today, industry leaders will discuss the opportunities and challenges that come with reducing emissions across supply chains as well as the circular economy. We also have sessions on how you can better integrate sustainability into your business operations.”

In his speech, Mr Chan, the Financial Secretary, mentioned: "There will be more business with the ASEAN (Association of Southeast Asian Nations), Middle East and indeed the Belt and Road countries. In other words, the demand for logistics, maritime and aviation services with and within this region will rise rapidly. The trade figures published by China and economies in these regions have demonstrated such a clear trend. And Hong Kong will remain committed to our super-connector role and be a platform providing high value-added logistics, maritime, aviation, financial and risk management services. We will continue to be a steadfast supporter of free trade and multilateralism, advocating for the reduction in trade barriers, and the free flow of goods and services, people and capital.”

Reshaping global supply chains: accelerating diversification

Supply chains are essential for trade and business development. In recent years, global geopolitical factors, freight supply imbalances, surging transportation costs and labour shortages have challenged the industry, highlighting the need to establish people-centric, innovation-driven, collaborative and sustainable supply chains executed in real time. RCEP has created the world’s largest free trade area, contributing to the consolidation and strengthening of regional industrial supply chains.

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