following the post from last week (part 1), I found a July 14 article on the Australia Trade website Environment and water to Hong Kong (h/t: Jennifer Marohasy) where the following successes have been highlighted within the transportation sector:
• Hong Kong became the first city in Asia to switch to ultra-low sulphur diesel fuel
• Over 98 per cent of the 15,000 taxis in Hong Kong have converted to LPG
• Over 80 per cent (24,000 in number) old light diesel vehicles installed particulate trap
• All new petrol cars must be fitted with catalytic converters
• Higher fines are imposed on smoky vehicles
• Introduction of the most stringent Euro III emission standards
It also lays out the severity of the challendges that HK faces in the area of water and solid waste treatment:
Hong Kong produces more than two million tonnes of sewage every day. The lack of proper treatment for most sewage from the urban area around Victoria Harbour has resulted in poor water quality.
The total recycling recovery rate in Hong Kong is about 35 per cent of the total municipal solid waste. In the industrial and commercial sectors Hong Kong has a good recovery rate with over 50 per cent of materials being recycled. Local industry reprocesses over 50 per cent of recyclable materials such as waste paper, metals, plastic and glass.
Both are areas where the HK government is actively looking for assistance from foreign suppliers of equipment and services, and has a wish list of projects to the tune of 900 million USD.
If you are representing a firm looking to get into the market, then i highly suggest reviewing this page. Besides laying out some of the obvious problems, and some of the programs, the page also does a great job of pulling out the various incentives for and barriers to entry. As well as a nice list of great resources.