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Enhancements to Pilot Subsidy Scheme for Third-party Logistics Service Providers implemented today
     The Transport and Logistics Bureau (TLB) rolled out enhancements to the Pilot Subsidy Scheme for Third-party Logistics Service Providers (Pilot Scheme) today (February 1), with a view to strengthening the support to logistics enterprises to facilitate their upgrading and transformation towards smart, green and sustainable logistics development and to seize business opportunities arising from the growth of cross-border e-commerce.

     The Pilot Scheme introduces three enhancement measures, including:

(a) increasing the cumulative funding ceiling for each applicant enterprise from $1 million to $2 million;

(b) extending the scope of funding to cover Environmental, Social, and Governance technology solutions and related implementation services, including consultancy services; and

(c) extending the scope of funding to cover project-based trainings associated with technology implementation.

     "As outlined in the Action Plan on Modern Logistics Development promulgated in October last year, our goal is to promote high-quality development of Hong Kong's logistics industry by realising smart development, modernisation, green and sustainability, internationalisation and facilitation, thereby developing Hong Kong into a sustainable international smart logistics hub focusing on high-value goods and the e-commerce market. After taking into account the industry's feedback and the latest development trends of smart and green logistics, we introduce enhancements to the Pilot Scheme, as one of the 24 action measures in the Action Plan, to provide more appropriate support for the digital transformation and technological upgrading by the logistics industry towards smart logistics development, as well as promoting the development of green and sustainable logistics," a spokesman for the TLB said.

     The $300 million Pilot Scheme, providing funding support to third-party logistics service providers for technology adoption projects with a view to encouraging the logistics industry to enhance operation efficiency and productivity, has been well received by the industry since its launch in 2020. The subsidy ratio has been increased from "1:1" to "2(Government):1 (applicant)" for each application since 2023. The Management Committee, comprising representatives of the TLB and the industry, completed a comprehensive review of the Pilot Scheme last year and formulated the enhancement measures. As of the end of 2023, 227 projects have been funded under the Pilot Scheme, benefitting 192 enterprises.

     Details of the enhancements are available on the website of the Pilot Scheme (tplsp.hkpc.org). For enquiries, please contact the Secretariat of the Pilot Scheme (Tel: 2788 6077; email: tplsp_sec@hkpc.org).
Ends/Thursday, February 1, 2024
Issued at HKT 11:00
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