The Great Drone Heist: Hong Kong's Ambitious Low Altitude Economy Plan Hong Kong has launched an initiative to redefine its economic future by partnering with delivery company Lalamove and professional services firm EY to develop the "low altitude economy.
" This partnership combines Lalamove's logistics platform with EY's services, including planning, business modeling, and tax advisory. The goal is to use drones to transport packages weighing up to 4.
5kg over distances of up to 18km. The city government hopes this new sector will be lucrative enough to replace some traditional industries.