InvestHK assists over 1,300 enterprises in past 2 years, attracting $160 bln investment

(ECNS) -- Invest Hong Kong (InvestHK) announced Sunday that it had assisted more than 1,300 overseas and Chinese mainland enterprises in establishing or expanding operations in the Hong Kong Special Administrative Region (HKSAR) between January 2023 and the first half of 2025.

The move brought in more than $160 billion foreign direct investment and created over 19,000 jobs within the first year of operation or expansion, the agency said.

Director-General of Investment Promotion Alpha Lau said the agency's investment promotion efforts span various industries, aligning with policy directives and closely adhering to the key measures outlined in the Policy Addresses in recent years, such as the low-altitude economy, liquor trade, and the development of the Northern Metropolis.

It also assists Chinese mainland companies to go global via Hong Kong and further promotes Hong Kong's advantages as a regional trade and high-end logistics hub, Lau said.

Looking ahead, she noted that InvestHK will focus on four strategic sectors, namely financial services and fintech, innovation and technology, supply chain management and logistics, as well as sustainable development and the green economy.

"We are also committed to leveraging Hong Kong's 'perceptible and experiential' soft power to promote cultural ties, showcasing the city's charm to the world in order to attract foreign investment. This will lead to drive the development of relevant industries and assist enterprises in capital matching through Hong Kong's stable capital market," she said.

In addition to highlighting that this year marks InvestHK's 25th anniversary, Lau emphasized that over the past quarter century, the agency has assisted over 7,700 overseas and Chinese mainland companies from around the world to set up or expand their business in Hong Kong.

These companies span a wide range of sectors, including finance, innovation and technology, professional services, and sustainable development, creating over 95,000 jobs and bringing in direct investment of more than $440 billion, she said.

(By Zhang Dongfang)