Hong Kong is set to ease restrictions on foreign workers to tackle a significant manpower shortage in various industries, as announced by Chief Executive John Lee. The government will soon unveil plans to import labour for sectors experiencing severe shortfalls, such as travel, transportation, and construction. The city is grappling with worker scarcity as business demand soars post-pandemic, combined with a dwindling local workforce and current labor importation policies. The labour shortage is particularly severe in the aviation industry, impeding Hong Kong's efforts to reestablish its role as a major Asian hub. Economists project an acceleration in GDP growth to 4.6% this year as economic recovery strengthens.
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