Hong Kong wooing entrepreneurs from the Middle East

Hong Kong wooing entrepreneurs from the Middle East

The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Stephen Phillips, started his visit to Doha, Abu Dhabi, Dubai and Kuwait in the Middle East as part of the latest efforts of Invest Hong Kong (InvestHK) to promote Hong Kong’s business attractions.

During the visit, Phillips will meet with business leaders from various sectors including innovation and technology, financial services and family offices, fintech, business and professional services, tourism and hospitality, and transport, infrastructure and advanced manufacturing. He will also update the business leaders about the Hong Kong’s latest business environment and opportunities, highlighting the city’s strategic role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Phillips said, “Hong Kong is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely. The facts speak for themselves: in two surveys conducted last year, we saw a record number of businesses from overseas and the Mainland come to Hong Kong, as well as the largest number of startups in Hong Kong.”

He added, “Hong Kong offers to companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA.”

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