Hong Kong's Journey Towards Enhanced Connectivity with Istanbul through Turkish Airlines
Enhancing Connectivity: Turkish Airlines and Hong Kong
Hong Kong's ambition to solidify its position as a global hub is pivotal to its economic future. Consul General Kerim Sercan Evcin has articulated the potential to enhance bilateral relations through increased direct flights to Turkey, aligning with the Belt and Road Initiative. He proclaimed that Turkish Airlines is ready to augment its services, emphasizing the strategic importance of connectivity.
Increasing Flight Capacity
Currently, there is only one flight per day between Hong Kong and Turkey, facilitated by Turkish Airlines. In contrast, Singapore enjoys multiple flights in both directions. Evcin indicated a 'huge demand' for more flights to facilitate broader access to over 200 cities across Europe, Africa, and America. This development is expected to create a win-win situation for both regions.
Investment Perspectives
- Hong Kong's investment in Turkey reached around US$40 million by 2022.
- Jewellery constitutes a major portion of Hong Kong's imports from Turkey.
- New avenues for Turkish agricultural exports are also being explored.
Future Collaborations
With plans for official visits and the signing of a double-taxation agreement, collaboration between Hong Kong and Turkey in various sectors like fintech and biomedicine appears promising. This partnership could usher in a new era of economic ties, fostering growth and opportunity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.