The Guangdong-Macao In-Depth Cooperation Zone in Hengqin issued a trial package of support measures for the development of an international air cargo hub on the west bank of the Pearl River in Macao on August 24.
The measures, effective until December 31, 2028, comprise 17 articles covering areas such as logistics handling, enterprise support and talent development. They aim to reduce operating costs for air logistics, attract logistics enterprises and enhance Macao's international competitiveness in air cargo.
To cut operational costs, subsidies will be offered for activities such as venue-based operations, warehouse leasing and import and export operations at Hengqin pre-positioned cargo stations. A single enterprise may receive up to 5 million yuan in subsidies per annum.
To boost the competitiveness of air cargo services, freight forwarding enterprises transporting goods via the Hengqin Port and Macao International Airport will receive subsidies equivalent to 12 percent of freight charges, capped at 12 million yuan per enterprise each year. Macao-invested enterprises will be eligible for a 120-percent subsidy rate.
In terms of talent support, enterprises that provide training can receive subsidies covering 80 percent of training costs, up to 4,000 yuan per person; professionals employed in cross-border air logistics can apply for a living allowance of 40,000 yuan per person, disbursed over three years.
The support measures will effectively enhance the international competitiveness of Macao's air cargo hub on the west bank of the Pearl River and promote the high-quality development of the air logistics industry in the Cooperation Zone.
Text | Huang Xinyi, Sun Lulu (intern)
Photos | Hengqin Online
