The Hong Kong and China Gas Company Limited (Towngas) has submitted comprehensive proposals for Hong Kong’s inaugural Five-Year Plan (2026–2030), aligning closely with the national 15th Five-Year Plan. The recommendations advocate for high-level governance through a dedicated “Energy Office,” the advancement of low-carbon shipping and aviation hubs, and the integration of zero-carbon industrial models. Furthermore, Towngas highlights the importance of building an international green fuel certification framework and fostering cross-sector collaboration to drive sustainable economic growth.
Hong Kong | August 2, 2026 – As the HKSAR Government actively consults on its inaugural Five-Year Plan (2026–2030), The Hong Kong and China Gas Company Limited (Towngas) has thrown its full support behind the initiative, delivering a comprehensive set of forward-looking proposals.
Spanning eight major strategic areas, with a heavy emphasis on the green energy transition, innovation and technology, and green finance, the proposals are designed to help Hong Kong foster new quality productive forces, drive high-quality development, and seamlessly align with the national 15th Five-Year Plan development agenda.
Key Recommendations for Hong Kong’s Five-Year Plan
Towngas has outlined five core pillars in its submission to guide Hong Kong’s economic and environmental evolution over the next half-decade:
1. Establish an Dedicated “Energy Office” for High-Level Governance
Recognizing that energy strategy is fundamental to Hong Kong’s stable development and security, Towngas urges the HKSAR Government to establish a dedicated “Energy Office.” This body would map out the city’s energy blueprint and align it with national objectives across three primary directions:
- National Integration: Leveraging local strengths to integrate into the broader national energy framework.
- Resource Coordination: Managing resources effectively to guarantee long-term energy security.
- Commercialisation: Prioritizing the rapid commercialization of hydrogen, green methanol, and sustainable aviation fuel (SAF) to propel the city’s green transformation.
2. Bolster Low-Carbon Shipping, Aviation, and Green Finance
To reinforce Hong Kong’s status as an international hub, Towngas recommends modernizing port infrastructure to accommodate green methanol bunkering. It also advocates for scaling up the “Greater Bay Area production, Hong Kong blending and application” model for SAF.
Complementing these maritime and aviation goals, the proposal suggests introducing new mechanisms for trading green commodities and expanding innovative financial instruments, such as green infrastructure REITs, to solidify Hong Kong’s position as a premier green finance and trading center.
3. Implement the “Zero-Carbon Industrial Park” Concept in the Northern Metropolis
Towngas suggests that the Government incorporate the mainland’s “zero-carbon industrial park” model directly into the top-level planning of the Northern Metropolis blueprint. Key actions include:
- Deploying smart gas networks and distributed energy systems in new development zones.
- Utilizing hydrogen and green methanol power generation modules on construction sites to phase out diesel generators and establish true “green construction sites.”
- Reserving strategic land plots for integrated energy service stations capable of delivering EV charging, battery swapping, fueling, hydrogen, and methanol services.
4. Build a Green Certification Hub and Foster Interdisciplinary Talent
To capture international market leadership, the Government should spearhead the creation of an internationally aligned certification system for green fuels. Drawing on industry achievements, such as securing the country’s first batch of credentials under the Global Sustainable Transport Certification (GSTC) scheme, Hong Kong can establish itself as a recognized “green certification hub.” Concurrently, local tertiary institutions are encouraged to cultivate top-tier, interdisciplinary talent skilled in green technology, finance, trade, and regulatory compliance.
5. Deepen Industry-Academia-Research Collaboration and Export the “Hong Kong Experience”
Towngas recommends strategically focusing on core technologies like hydrogen, green methanol, and SAF by building alliances across “production, research, technology, and market.” This will accelerate scientific commercialization. Furthermore, local green enterprises should act as “super-connectors” and “super value-adders,” exporting cutting-edge green technologies and management expertise to Central Asia and other Belt and Road nations.
Driving Long-Term Prosperity
Commenting on the submission, Towngas Managing Director Mr. Peter Wong Wai-yee stated:
“As Hong Kong’s longest-established utility company, Towngas has always supported the Government’s policies to promote Hong Kong’s long-term prosperity and stability. The Hong Kong Five-Year Plan is of great significance, as it sets the direction for Hong Kong’s development over the next five years and enables Hong Kong to better align with the national 15th Five-Year Plan and integrate more deeply into the country’s overall development. Towngas will leverage its professional strengths in the energy sector to actively contribute and support Hong Kong in seizing the abundant opportunities ahead.”
About The Hong Kong and China Gas Company Limited (Towngas)
Established in 1862, Towngas is the public utility with the longest history in Hong Kong and one of the city’s largest energy suppliers, operating at world-class standards of corporate management and operations. For generations, Towngas has provided safe and reliable energy solutions to the public, leading the way in the Greater China energy sector.
In 1994, Towngas expanded its business into the Chinese mainland. The Company now operates over 970 projects across 29 provincial regions. In recent years, Towngas has been actively developing clean energy solutions, including hydrogen energy, marine green methanol, and sustainable aviation fuel, supporting Hong Kong’s goal of achieving carbon neutrality before 2050 and China’s national “30-60” dual carbon goals.
Source: Towngas