Hong Kong's yacht economy could be significantly boosted by addressing regulatory hurdles and fostering integration with the Greater Bay Area, rather than solely focusing on infrastructure. Current licensing regulations for boat operators are a major barrier for international sailors, as they lack global reciprocity and are difficult to obtain. While some recognition exists for certifications like the RYA Yachtmaster Offshore, it is rarely held by personal sailors due to its demanding requirements. AI
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RANK_REASON This is an opinion piece discussing policy and economic strategy, not a direct announcement or release.
