Dubai Receives 'Invest Hong Kong' Delegation
Against a backdrop of rising bilateral trade, a delegation from Hong Kong government’s investment promotional agency, Invest Hong Kong, was recently received by the head of the Dubai Chamber of Commerce and Industry, Abdulrahman Ghanem Al Mutaiwee.
“Invest Hong Kong is seeking to promote Hong Kong's many advantages as a business hub in Asia,” commented Director general of Invest Hong Kong, Mike Rowse, according to the AME Info news service.
He added: “It also provides assistance to corporations and individuals looking for direct investment opportunities in Hong Kong, especially in the sectors of banking and insurance.”
Rowse explained that growth in the Chinese economy was also helping to drive forward the Hong Kong economy, which is expected to grow 7.5% this year.
Non-oil trade between Dubai and Hong Kong has increased dramatically in recent years, jumping from a level of US$272 million in 1999 to around US$540 million in 2003.
.
|
|
IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.