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South China Morning Post·4 min read·medium

Several ride-hailing firms express interest in Hong Kong licences: minister

C
Cannix Yau
Several ride-hailing firms express interest in Hong Kong licences: minister
AI Summary

Hong Kong's transport minister announced that several ride-hailing firms have expressed interest in obtaining new government licenses. The government has set nine specific requirements for operators, including financial stability and a proven track record in large cities.

Why it matters

This regulatory shift marks a significant change in Hong Kong's transport policy, aiming to formalize the ride-hailing market while ensuring service quality and safety.

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Several ride-hailing firms have expressed an interest in offering services under the new regulatory regime in Hong Kong, one day after the government opened licence applications setting out nine requirements, the transport chief has revealed.

Secretary for Transport and Logistics Mable Chan said on Saturday that two to three firms had expressed an interest in offering ride-hailing services, emphasising that operators were capable of meeting the requirements.

“Just one day after our announcement, at least two to three platform operators have expressed an interest in running the ride-hailing services. I hope they can apply soon,” she told a radio programme.

“We will hold a briefing session in mid-September to communicate directly with interested applicants. We expect the first batch of applicants can be approved in early December.”

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