Business Daily Media
Times Affiliate Marketing


.

Hong Kong’s Low-altitude Economy gears up for take-off

HONG KONG SAR - Media OutReach Neswire - 21 March 2025 - Hong Kong has unveiled its pioneering Low-altitude Economy (LAE) Regulatory Sandbox, marking the official start of pilot projects to promote development of the LAE with a view to creating new business opportunities, strengthening city management and bringing a new "smart city" experience to the public.



Speaking at the launch event yesterday (March 21), Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, pointed out that the LAE not only gives rise to a series of industries, but also brings a very wide scope of application scenarios with a tremendous potential for development.

"The LAE is one of our nation's strategic emerging industries, as well as an example in exploring new quality productive forces," Mr Lee said, adding that Hong Kong is dedicated to developing into an international innovation and technology centre and an international hub for high-calibre talent.

Hong Kong launches Low-altitude Economy Regulatory Sandbox.
Hong Kong launches Low-altitude Economy Regulatory Sandbox.

Among applications from 72 applicants, 38 projects will be implemented under the first batch of pilot projects to be rolled out starting from April 2025. They come from enterprises, universities/research institutes, public utilities and government departments. The projects cover a wide range of fields and application scenarios, including emergency and rescue, logistics and distribution, inspection and safety maintenance, surveillance and low-altitude infrastructure.

Secretary for Transport and Logistics of the HKSAR Government, Mable Chan, said the trial of the sandbox projects would help the Government accumulate experience and data in order to enable the Government and relevant departments to map out and devise a comprehensive infrastructure support for the execution of various LAE activities.

"We hope that with all these projects launching, we would incorporate innovation and technology into our daily lives," Ms Chan said.

She added that the Government would introduce a special provision in the relevant legislation enabling the Director-General of Civil Aviation to allow trials of even more sophisticated and heavier low-altitude equipment, so as to facilitate trials of state-of-the-art models, including those models which can carry passengers.

Promoting Regulatory Sandbox pilot projects is a major task of the interdepartmental Working Group on Developing Low-altitude Economy set up in 2024 to boost development of the LAE.

At the launch event, a number of organisations of the pilot projects set up booths to introduce the application scenarios and features of their projects.Hashtag: #hongkong #brandhongkong #asiasworldcity #innovation #technology






The issuer is solely responsible for the content of this announcement.

News from Asia

Andamanda Phuket: A Must-Visit Water Park for Family Holiday

36 slide lanes, family splash zones and time to unwind at The Great Water Kingdom, with internationally trained lifeguards and recognition from Trip.com and Tripadvisor.PHUKET, THAILAND - Media Ou...

Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It

At just 20, Kimi Antonelli becomes the youngest-ever Formula 1® World Champion. STING Energy Boost™ celebrates the energy behind the championship: the fans who backed Kimi through...

Bourbon Princess Joins French Royal-Level Skincare Brand PinkPrincess for Global Debut

PARIS, FRANCE – Media OutReach Newswire – 5 November 2026 – French luxury skincare brand PinkPrincess today announced its official international launch, alongside the debut of a new precision-car...

From Aba to Paris: Hearth Light Opens a New Chapter in International Intangible Cultural Heritage Exchange

PARIS, FRANCE – Media OutReach Newswire – 5 November 2026 – The 31st International Heritage Fair was held from October 29 to November 1, 2026, at the Carrousel du Louvre in Paris, France...

LINE OpenChat Introduces New Community Discovery Experience on LINE App’s Third Tab, Reaching 24 Million Monthly Active Users in Thailand

BANGKOK, THAILAND – Media OutReach Newswire – 5 November 2026 – LINE Thailand has announced strong growth in LINE OpenChat, with monthly active users (MAU) reaching 24 million, up from 20 million ...

After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire – 5 November 2026 – Skyro, a high-growth digital finance group that reached operational break-even in the Philippines just over three years after l...

Over 40% of Hong Kong Women Fall Below Well-being Benchmark - Mannings Wellness for Women x YWCA GenSHE to Bring Women’s Wellness Support into the Community

More than 20 outreach activities over the coming year will support women who are “too busy to care for themselves” HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – Hong Kong women j...

Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region

Several report full or near-full cage-free egg sourcing in all or part of Europe or North America. Their own reports show far lower figures, or none, for Asia. BANGKOK, THAILAND – Media OutRea...

UstarPay announces custody arrangement with BitGo Bank & Trust for Real-World Crypto Payments

HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – As digital assets move from investment holdings into everyday payment scenarios, the industry is entering a new stage of adoption...

CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the "AI and Cybersecurity Research Centre"

HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance Limited (GCSA) announced a partnership to establish the "AI and Cy...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...