The Director-General of Investment Promotion at Invest Hong Kong, Mr Mike Rowse, this week led an investment promotion trip to India with the aim of reinforcing already well-established business links and exploring further investment opportunities for the city.
The session focused on the IT business environment in Hong Kong, and on issues related to establishing operations in the city. It covered recent developments in the region, such as the Closer Economic Partnership Arrangement (CEPA) between Hong Kong and China, and opportunities for Indian firms to set up a base in Hong Kong to access China.
"We are excited about our visit to India," observed Mr Rowse. "With the accelerating development of India's IT sector, it is natural that many companies are looking for business opportunities in Asia and the rest of the world. Hong Kong's business environment provides an excellent platform for these companies to access their target markets, including one of the fastest growing economies - Mainland China.”
Mr Rowse also attended and delivered keynote addresses at a breakfast meeting and a cocktail reception organised by the Confederation of Indian Industry. During this investment promotion trip to Mumbai and Chennai, Invest Hong Kong launched ‘Insight’, a guide to Hong Kong life, business and investment, specially prepared for Indian executives and their families.
The brochure is part of Invest Hong Kong's ‘Community Programme’ initiative, which aims to provide useful information to help Indian companies and individuals to set up businesses in Hong Kong.
Mr Rowse also made separate visits to a number of companies in different sectors that are interested in learning more about Hong Kong's competitive advantages.
"Hong Kong is recognised as Asia's most international city with an established and sophisticated infrastructure,” he continued. “Companies can take advantage of the benefits of operating in this highly efficient market. We are confident that foreign companies with potential will enjoy success in developing their Asian businesses with Hong Kong as a springboard," declared Mr Rowse.
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