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Invest Hong Kong, the investment promotion arm for the Hong Kong Special Administrative Government, will participate in the three-day Hong Kong Logistics Services Expo in Guangzhou to introduce the city to potential investors from the Mainland. The trade fair, with the objectives to promote Hong Kong's role as an international logistics and transportation centre in the region, will be held from March 3 - 5.
Invest Hong Kong's transportation and logistics team will participate in the Expo to meet with representatives from Mainland companies in the related industries, including freight forwarding, shipping, express services, land transportation, logistics and supply chain management related services. The specially designed booth with attractive visuals and display will show the strength of Hong Kong as an international logistics hub and the advantages of setting up business in Hong Kong.
The Head of Transportation and Logistics of Invest Hong Kong, Mr Benjamin Wong, will attend the Expo with his team. He said, "We are excited about this opportunity to reach out to companies in the logistics related industries. Through our participation in this high-profile trade fair, we will communicate our key messages to potential investors - setting up business in Hong Kong is their natural choice, and Invest Hong Kong is here to provide assistance."
Mr Wong will speak at the Guangdong/Hong Kong Logistics Co-operation Symposium on March 5.
At the symposium, he will introduce the business environment for the logistics sector. Mr Wong will also explain the latest developments in relevant policies and regulations in Hong Kong.
The Head of Investment Promotion Division in Guangdong, Mr C.L. Chu said, "After China's accession to WTO, more Mainland companies with strong potential for growth are looking for opportunities to expand into the international market. As the most sophisticated financial market in Asia, Hong Kong has become a fund-raising centre for these companies. Moreover, through operating businesses in Hong Kong, companies can also help smooth and accelerate the transition towards meeting international standards in their services and corporate management."
The United Nations has forecasted that, by 2006, China will become Asia's largest market in terms of container shipping volume - and that a significant portion of this trade will be moved through Hong Kong. The supporting services offered by Hong Kong will play an important role in this development.
Hong Kong has the world's largest air cargo handler and the busiest container port in the world. Half of the world's population live within five hours' flight time from Hong Kong. These advantages offer tremendous growth opportunities for companies in the industry.
Mr Wong said, "With the implementation of CEPA in January 2004, the business flow between Hong Kong and the Greater Pearl River Delta has intensified. The SAR Government is also committed to continuously enhance the software and hardware necessary to meet the rapidly growing demands. We are confident that Hong Kong will continue to play a strategic role as the regional logistics hub."
Invest Hong Kong is the Hong Kong Special Administrative Region Government's one-stop shop for Mainland and overseas companies who are interested in establishing or expanding their presence here. It offers an extensive range of free practical assistance, from investment planning, procedural guidance and promotional advice to site visits, official contacts, specific information and aftercare services.
For further information about investing in Hong Kong, please contact Invest Hong Kong's representatives at Suites 1501-6, Level 15, One Pacific Place, 88 Queensway, Hong Kong (Tel: +852 3107 1000; E-mail: enq@InvestHK.gov.hk), or visit the website at www.investhk.gov.hk.
End/Wednesday, March 3, 2004
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