Page 126 - Are You Future Ready?

to over USD3.2 billion (HK$25 billion) by 2025. Many
countries also see the potential of geospatial data, such

as the United States, Canada, Japan, India, and Australia.
They have set up comprehensive legislation, standards,
and specialised departments to collect and manage

these intangible assets, and share them with the public to
optimise the potential of the data.

In Hong Kong, we have many world leading infrastructure
projects. In addition to advanced technology, there

124 are dedicated departments, such as the Hong Kong
Observatory for collecting weather data, the Environmental
Protection Department for creating an air pollution index

and doing analysis, the Electrical and Mechanical Services
Department for electrical installation, the Highways
Department for road works. However, for geospatial data
and location information, we lack a dedicated department
to formulate relevant laws and policies for implementation

by the relevant bureaux and departments. Furthermore, if
the data can be shared with the public in an API format,
Hong Kong’s spatial information usage will be enhanced,

it will also inject more fuel into the development of our
innovation industries!