Statistics

284 companies invest in Hong Kong in 2010

(Xinhua)
Updated: 2011-01-19 17:28

HONG KONG - Invest Hong Kong of the Hong Kong government helped a record of 284 companies from the Chinese mainland and overseas set up or expand in Hong Kong in 2010, with Chinese mainland continuing to be the largest single source of investment by taking 18 percent of the total projects, the bureau said on Wednesday.

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"Last year's result was very encouraging. It demonstrated a strong vote of confidence in Hong Kong as a business location," Director-General of Investment Promotion Simon Galpin said.

Of the 284 completed projects, Chinese mainland accounted for 52 projects, followed by the United States with 51, the United Kingdom with 36, Japan with 19, and Australia with 16. The top three industry sectors were transport and industrial, tourism and hospitality, and innovation and technology, the statement showed.

Last year also marked greater emphasis on green foreign direct investment, in particular on companies that provide renewable energy and environmental protection solutions.

Invest Hong Kong will strengthen its promotion efforts in the mature markets of the United States and the United Kingdom in 2011, as well as the emerging markets of Chinese mainland and Russia, said Galpin.