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.
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