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Invest Hong Kong joins forces with Guangdong and Macao governments to attract Singaporean companies (with photos)
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     Invest Hong Kong (InvestHK), the Department of Commerce of Guangdong Province and the Macao Trade and Investment Promotion Institute jointly held a seminar in Singapore today (June 30) to promote their combined business advantages for Singapore enterprises looking to expand in the three strategic locations located in the Greater Pearl River Delta (GPRD) region.

     The seminar, entitled "Guangdong, Hong Kong and Macao: Your Business Partners in China", began with welcome remarks from the Acting Director of the Hong Kong Economic and Trade Office in Singapore, Ms Joyce Chan. Keynote speeches were delivered by the Director-General of InvestHK, Dr Simon Galpin; Counsel of Department of Commerce of Guangdong Province  Mr Luo Lianjin; and the Senior Manager of the Investor Service Department at the Macao Trade and Investment Promotion Institute, Mr Agostinho Vong.

     In his speech to more than 150 senior business executives, Dr Galpin highlighted Hong Kong's strategic location and its enduring advantages. He said, "Hong Kong has evolved as an efficient international gateway both into and out of Mainland China. It is a 'super-connector' between the Mainland and the international community. Also, the city's deep pool of international talent and knowledge of the Mainland market make it the perfect platform for Singaporean companies to enter into the Mainland and other Asian markets."

     He continued to outline the list of enduring advantages Hong Kong offers including the rule of law, a low and simple tax regime and free flows of people, capital, information and ideas, as well as a level playing field. Given its proximity to the manufacturing base in the southern Mainland hinterland, the city is not only popular for multinationals with global functions but also for entrepreneurs.

     Ms Chan said, "The Association of Southeast Asian Nations, to which Singapore belongs, is Hong Kong's second largest trading partner in goods. The ties between Hong Kong and Singapore date back years and are ever growing. Indeed, there is much room for economic co-operation for mutual benefits."

     Mr Luo said, "The 21st Century Maritime Silk Road initiative will not only provide ample room for enhancing economic ties between China and Singapore, but will also create new opportunities for Guangdong, Hong Kong and Macao as part of the GPRD region to develop partnership with Singapore."

     Mr Vong said, "The Macao government has been actively promoting regional co-operation and is committed to building Macao into a world tourism and leisure centre and a regional business service platform. With its new development of the three centres, namely "a commercial and trade service centre for small and medium-sized enterprises of Portuguese-speaking countries (PSCs)", "a food product distribution centre for PSCs" and "a centre for conventions and exhibitions for economic and trade co-operation between China and PSCs", it will further enhance the functions and roles of Macao as the business and trading platform between Mainland China and PSCs."

     Other speakers at the seminar included the Executive Chairman of Ya Kun International, Mr Adrin Loi, and the Head of Corporate Clients Asia and Managing Director Hong Kong of Amicorp Singapore Pte Ltd, Mr Brian Elders. They provided practical tips on expanding businesses in the region at the seminar.

About InvestHK

     InvestHK is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As of December 2014, InvestHK had completed over 3,440 investment projects creating more than 37,500 new jobs in the first year of operation or expansion and over HK$91 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit www.flickr.com/photos/investhk/sets/72157655187338902.

Ends/Tuesday, June 30, 2015
Issued at HKT 13:10

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