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Economy

Mainland, overseas investment in HK up 17 pct in 1st half

1
2015-07-09 16:18Xinhua Editor: Mo Hong'e

Invest Hong Kong (InvestHK) Thursday announced that in the first half of 2015 the department assisted a record 260 Chinese mainland and overseas companies to set up or expand in Hong Kong.

The Director-General of Investment Promotion at InvestHK Simon Galpin said he was pleased by the interim figures, which represent a 17-percent rise compared to those for the same period last year.

He was particularly encouraged by the record number of 2,624 new jobs expected to be created by the companies, which represents a 73-percent increase over the figure a year ago.

"It is encouraging to see that the number of companies assisted by InvestHK continues to rise and that these mainland and overseas companies are creating a growing number of new jobs in Hong Kong.

"As Asia continues to be a magnet for multinationals as well as individual founders and entrepreneurs, we are confident that we will be able to meet our annual target of assisting 370 companies this year," Galpin said.

 

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