The Government today held a webinar for Hong Kong enterprises which are interested in expanding their businesses in the Mainland’s overseas Economic & Trade Co-operation Zones in Malaysia and Thailand.
The webinar was organised by the Commerce & Economic Development Bureau’s Belt & Road Office and the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region.
It aims to enhance participants’ understanding of prevailing local investment policies, facilities and supporting services, as well as preferential terms of the zones concerned.
Around 400 people registered to participate in today’s webinar which introduced the Malaysia-China Kuantan Industrial Park in Malaysia and the Thai-Chinese Rayong Industrial Zone in Thailand.
Commissioner for Belt & Road Denis Yip spoke at the webinar with Economic Affairs Department Deputy Director-General and Commercial Office of the Liaison Office Head Liu Yajun.
Mr Yip pointed out that many enterprises had been re-examining their modes of operation and production, and creating new business opportunities in the face of external challenges brought by the uncertainties in the global economy and geopolitical changes.
The Mainland’s overseas zones provide enterprises with an ideal entry point to the Belt & Road, he added.
Mr Yip noted the five zones identified in Malaysia, Thailand, Indonesia and Cambodia could represent a better fit for Hong Kong enterprises.
The bureau has been discussing with the Ministry of Commerce possible facilitation measures for Hong Kong enterprises and ways to help them develop their businesses in the zones on a pilot basis.
Ministry of Commerce Department of Outward Investment & Economic Cooperation Deputy Director General Li Yongjun introduced the overall situation of overseas zones.
The management of the two zones in Malaysia and Thailand briefed the participants on their state of play, while representatives of enterprises from the zones shared their local investment experiences.
The second webinar will be held on June 22 to introduce the three zones in Indonesia and Cambodia.