More mainland firms set to invest in territory

Invest Hong Kong, which helped a record number of overseas firms set up or expand operations here last year, will focus more on mainland companies this year.
Mike Rowse, director-general of Investment Promotion at Invest Hong Kong, said yesterday the number of investment projects in 2005 would rise from last year’s 205 to 220. Mainland companies will account for nearly 20 per cent of the total against last year’s 17 per cent.
The investment will achieve a double-digit growth on the basis of HK$4.66 billion in 2004, Rowse projected.
A special team was formed to help mainland firms set up business here. It is now helping mainland waste processing companies build their recycling plant in Hong Kong.

This entry was posted on Monday, August 24th, 2009 at 7:41 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply