The head of a major trade exhibition company in Hong Kong on Monday said he wants to see more measures to revive the struggling convention and exhibition industry.

Last week’s Policy Address outlined plans to spend HK$500 million on launching the Incentive Scheme for Recurrent Exhibitions 2.0, to help the sector stay afloat and promote the mega-event economy.

But Duncan Cheung, director of ComAsia Limited, said geopolitical tensions and manpower shortages are hindering recovery.

“In Hong Kong, the exhibition business also suffers from the lack of manpower. For the recovery of the industry, I think it needs more time because you saw so many geopolitical problems,” he said.

Cheung said the government should allocate more money to the international exhibition industry and extend the scheme beyond 2026.

"International exhibitions can bring international exhibitors and also international buyers and visitors to come to Hong Kong. These kinds of visitors or exhibitors have to live in hotels and [benefit] the hotel industry, food and beverage industry and also travel industry."

Cheung said the exhibition industry has downsized due to the pandemic and has now only resumed to around 70 percent of pre-Covid levels.