Hong Kong Chief Executive Donald Tsang will lead a group of business executives to Kuwait, Saudi Arabia and the United Arab Emirates later this month to showcase the the city's international financial centre to business and political leaders in the Middle East.
"Being a major asset-management centre in Asia and a gateway to the Mainland market, Hong Kong provides enormous business opportunities for Middle East investors," Mr Tsang announced, continuing:
"Islamic finance offers huge potential for development. As mentioned in my Policy Address, we will leverage this new trend by developing an Islamic finance platform in Hong Kong."
The trip, to take place from 25th January to 1st February, will be the Chief Executive's first visit to the Middle East since he took up office in 2005. He will meet senior government officials and business leaders, visit leading financial institutions, and address business luncheons.
Director of the Chief Executive's Office, Norman Chan, the Chief Executive's Private Secretary, Kenneth Mak and Information Co-ordinator, Andy Ho will accompany Mr Tsang.
During his absence, Chief Secretary for Administration Henry Tang will assume the role of acting Chief Executive.
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