'Strategic enterprise investments in HK hit HK$28bn'
Investments made by the first six batches of firms brought to Hong Kong through the Office for Attracting Strategic Enterprises reached HK$28.3 billion as of the end of September, according to Financial Secretary Paul Chan. Writing in his weekly blog, Chan noted that, including the seventh batch of 18 firms recently welcomed, a total of 142 strategic enterprises have now established or expanded…
As of September, strategic enterprise investments in Hong Kong had reached HK$28.3 billion, with a total of 142 firms either established or expanded their operations, according to Financial Secretary Paul Chan. Among these firms, the first six batches brought in HK$28.3 billion in actual investments and employed over 10,300 people, surpassing initial targets by 30% and 34% respectively.
Chan highlighted that 70% of the first six batches established global or regional headquarters in Hong Kong, and nearly 90% set up R&D centers. This influx of capital, jobs, and research functions is crucial for maintaining Hong Kong's competitive edge in the long term.
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- 'Strategic enterprise investments in HK hit HK$28bn' news.rthk.hk
