Where BusinessGoes to Grow

Luca De LeonardisHead, Australia and New Zealand

Sharing Investment Promotion Best Practice

• Spearhead HK’s efforts to attract and retain foreign direct investment

• Promote HK’s enduring advantages and status as a leading business hub in the region

• Assist companies with potential to contribute to HK’s economy to set up and expand in HK

• Provide aftercare support to the international business community in HK

• Work with policy bureaux and departments on issues of concern to investors to enhance Hong Kong’s competitiveness as a business-friendly location

Mission and Objectives2

• Brings new employment opportunities, technologies, ideas, skills and in other spill-over effects

• Foreign companies increase level of competition and improve an economy’s overall competitiveness

• Hong Kong’s inward direct investment stock as ratio to GDP was 287% in 2000 and 534% in 2013(Source: HKSAR Government statistics)

• 19% of Hong Kong’s total workforce is employed by majority owned FDI companies(Source: The Foreign Affiliates Trade in Services Statistics – FATS 2010: June 2012, by C&SD)

Importance of Foreign Direct Investment

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7,585 companies of which 3,784 are RHQs and ROs in 2014(Source: 2014 Annual survey, HKSAR Government’s Census & Statistics Department)

Prime Conduit for FDI

Rank FDI Inflows (2013) US$ bn FDI Outflows (2013) US$ bn1 USA 188 USA 3382 China 124 Japan 1363 Russia 79 China 1014 Hong Kong 77 Russia 955 Brazil 64 Hong Kong 926 Singapore 64 Switzerland 607 Canada 62 Germany 588 Australia 50 Canada 439 Spain 39 Netherlands 3710 Mexico 38 Sweden 33

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Source: World Investment Report 2014, UNCTAD

3,440

Result Since Establishment5

37,500projects completed

jobs created

Up to Dec 2014…

Priority Areas Covered by Eight Sector Teams

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Eight Sector Teams Six Growth Industries + Wine

Four Traditional Pillar Industries

Creative Industries (CI) •Culture & Creative Industries  

Consumer Products (CP) •Trading & Logistics (trading)

Transport & Industrial (T&I) •Trading & Logistics (logistics)

Tourism & Hospitality (T&H) •Wine Industry •Tourism

Financial Services (FS) •Financial Services

Innovation & Technology (I&T)

•Environmental Industries•Medical Services  

Information & Communications Technology (ICT)

 

Business & Professional Services (BPS)

•Education Services•Testing & Certification Services

•Professional Services

InvestHK’s Worldwide Network

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Investment Promotion Units in Hong Kong Economic and Trade Offices香港經濟及貿易辦公室轄下的投資推廣小組

Consultants投資推廣署駐當地顧問

Wuhan 武漢Mexico 墨西哥

6,331

Investment Promotion – Reaching Out to Companies to Attract FDI

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Overseas/ Mainland Meetings

Prospects

757Live Projects

355Projects Completed 2014

(with 4,502 individual companies)

1,558

Investment Promotion Events9

In 2014, InvestHK has hosted 53 events in the Mainland, Taiwan and overseas, with a total attendance of over 5,600 people.

Numbers of events

Number of

attendeesMainland & Taiwan

26 3,300

Overseas 27 2,334

Total 53 5,634

Markus KramerPresident,

Dispersions and Pigments Division(Global headquarters)

Global Operations in Hong Kong

John RiceVice Chairman(Global operations)

Jean-Pascal Tricoire

Global CEO

Jeff UrwinGlobal Head of

Investment Banking

Roland KrügerPresident

(Global headquarters)

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Karen FiferGlobal Managing

Partner, Consumer Markets Practice

Emma Sherrard Matthew

Global CEO

How We Can Help

Networking events,introduction to

serviceproviders

PR and marketing support

for launch/expansion

Facilitation of visaapplications, schooling

Information to aidplanningand evaluation

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• Multi-national organisations: UNCTAD, World Bank, IEDC, fDi Magazine

International Recognition12

UNCTAD, Investment Promotion Award 2010

Rank Top IPIs at Inquiry-Handling

1 PRONicaragua (Nicaragua)

2 Hungarian Investment and Trade Development Agency

3 Invest in Greece Agency

4 Invest in Finland

5 Cyprus Investment Promotion Agency

6 InvestHK

7 ABA-Invest in Austria

8 Invest in Sweden Agency

9 aicep Portugal Global

10 Invest in Denmark

Invest Hong Kong ranked TOP in Asia in World Bank Global Investment Promotion Best Practices 2012

IEDC Silver awards (corporate brochure)

fDI magazine - HK - Asia Pacific city 2013/14 overall winner

• Multi-national organisations: UNCTAD and World Bank

• International chambers, trade commissions and IPAs (non-competing)

• MOFCOM, CCPIT, DOFTEC, BOFTEC, etc.

• Hong Kong Inc members: ETOs, HKTDC, HKTB and HKEx

• Private sector service providers: law firms, accounting firms, secretarial companies, etc.

Partnership Approach13

www.startmeup.hk14

startmeuphk www.facebook.com/startmeuphk

Get in Touch:www.investhk.gov.hk

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Tel: (02) 9283 3222luca_de_leonardis@hketosydney.gov.hk

InvestHK www.linkedin.com/company/ invest-hong-kong www.youtube.com/user/investhk www.flickr.com/photos/investhk

Level 1, Hong Kong House80 Druitt StreetSydney, NSW, 2000