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Hong Kong launches
Asia Cruise Fund

Hong Kong Commissioner for Tourism Philip Yung announces the inaugural Asia Cruise Fund at Cruise Shipping Miami conference.

Hong Kong Commissioner for Tourism Philip Yung attended the annual Cruise Shipping Miami conference, March 11-12, to update key industry stakeholders on the latest developments of cruise tourism in Hong Kong, including the launch of the Asia Cruise Fund by the Hong Kong Tourism Board (HKTB). Joining on the visit was the Executive Director of the HKTB, Anthony Lau.

Speaking at a cocktail reception to announce the inaugural Asia Cruise Fund, Mr. Yung said the fund would enable the partnering ports to pool together financial incentives into a single plan. This would allow the cruise lines to understand the total available financial incentives in developing itineraries that cover the partnering ports, thus enhancing the appeal of the entire region to cruise lines.

“Hong Kong is well positioned to tap the growth of cruise business in this part of the world,” Mr. Yung said. “The commissioning of the Kai Tak Cruise Terminal in 2013, which can berth the largest cruise ships in the world, marks an important milestone for Hong Kong becoming a leading cruise hub in the region.

“We see the importance of cooperating with our neighboring ports in sustaining the development of cruise tourism. The Asia Cruise Fund to be launched in April will help achieve synergy for tapping into the enormous potential of cruise tourism in Asia.”

Kai Tak Cruise Terminal can berth the largest cruise ships in the world.

Cruise Shipping Miami is the largest cruise trade event bringing together industry stakeholders from all over the world. The conference this year was attended by industry representatives from more than 120 countries and cities.


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