Partner Article

Hong Kong brings new opportunities for North East firms

Trade and Investment Minister Lord Green was in Hong Kong yesterday looking at business opportunities for UK firms.

Lord Green visited the new Kowloon High-Speed Rail Terminus site and sourced openings for UK firms in the major Kai Tak development.

These developments are among ten high-value infrastructure projects underway in the region.

He said: “With a huge infrastructure building programme and investment running into the billions, UK firms are in a great position to benefit from new business opportunities in Hong Kong.

“In particular, SMEs have the chance to benefit through increased supply chain opportunities.

“Hong Kong can also act as a great springboard for UK firms to do business in mainland China.”

The Hong Kong economy grew by 6% last year, and is expected to grow by 4-5% in 2011.

Hong Kong was the UK’s second largest export market for goods in Asia, after mainland China, and the nation’s 12th biggest market globally.

This was posted in Bdaily's Members' News section by Ruth Mitchell .