Invest Hong Kong (InvestHK) has revealed that it assisted 382 Mainland and overseas companies in setting up or expanding operations in Hong Kong last year, an increase of 27% year-on-year.

The total investment brought to Hong Kong’s economy from such activities reached $61.6 billion, with the companies concerned creating more than 4,100 job opportunities.

Director-General of Investment Promotion Alpha Lau highlighted that Hong Kong has been a natural first choice as a business base for many global multinationals and entrepreneurs alike as they have refocused on their Asian strategies following the COVID-19 pandemic.

Notwithstanding global economic uncertainties, Ms Lau said she believes the number of companies being attracted to Hong Kong is gaining good momentum.

Financial services, innovation and technology, and family offices, are among the priority sectors being targeted by InvestHK.

Going forward, InvestHK will step up promotion in various strategic markets, including those in the Middle East and ASEAN (the Association of Southeast Asian Nations), and will aim to maximise Hong Kong’s advantages as a super connector and super value-adder.

The 382 companies came from 45 economies. The Mainland continued to lead with 136 companies, followed by the UK, the US, Singapore and Australia.

A broad spectrum of sectors was covered, from financial services and fintech, to innovation and technology, business and professional services, tourism and hospitality, and consumer products.


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