Pleasure boat industry is being stifled by government inertia

There has been increasing concern over the past few years over the shortage of moorings for private pleasure vessels. Indeed, it is apparent that government intransigence is strangling the local boating industry and stifling Hong Kong's potential to be a thriving boating hub. There are about 18,000 local craft of which about half are categorised as pleasure vessels. Of these, nearly 700 are yachts, about 2,500 are motor boats and junks, and about 4,500 are essentially small speed boats. Many of the latter can be kept on land and don't need moorings.

via Business feed http://www.scmp.com/business/article/1338245/pleasure-boat-industry-being-stifled-government-inertia