Budget Speech

Hong Kong-Macao Co-operation

38.      Hong Kong and Macao have always had a close relationship and both governments aim to strengthen our ties further. Co-operation and liaison between the two SARs are now being enhanced by meetings between Hong Kong and Macao jointly chaired by me and Macao's Secretary for Economy and Finance. The publication of the "Outline of the Plan for the Reform and Development of the Pearl River Delta" has provided more opportunities for co-operation between the two places. We consider there is a need to strengthen our links with Macao in economic and other areas, especially in tourism and convention business, cross-boundary infrastructure and economic development in order to achieve synergy through complementing each other's strengths.