The Hong Kong Exhibition & Convention Industry Association (HKECIA) welcomes the HKSAR government's policy address which recognises the importance of further supporting Hong Kong's convention and exhibition industry by expanding the capacity of event space in the city. The association supports its reconfirmation of the plan to redevelop the sites of the three government towers in Wan Chai North and the Kong Wan Fire Station (opposite the Hong Kong Convention and Exhibition Centre) into convention and exhibition facilities, hotel and grade A offices, and the Airport Authority's plan to invest in the construction of phase two of the AsiaWorld-Expo. The plans were first introduced in the 2017 policy address. These two projects in total will increase convention and exhibition space by more than 40%. Mr Stuart Bailey, chairman of the HKECIA, said, "Over the past three decades, Hong Kong has successfully positioned itself as the trade fair capital of Asia and brought enormous benefits to Hong Kong's reputation and economy. The HKECIA is resolute not to let this position slip as Hong Kong's key advantages over other cities in the region remain strong."