Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc
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- Examination of Estimates of Expenditure 2012-13
Question: In 2012-13, Invest Hong Kong will further strengthen aftercare support to companies already established in Hong Kong. What are the support services concerned and the breakdown of expenditure? Asked by: Hon. LAM Tai-fai Reply: Provision of aftercare services is an important dimension of the work of Invest Hong Kong (InvestHK) to help retain investment in Hong Kong. In 2012-13, InvestHK will continue to further strengthen its aftercare services. In addition to conducting regular visits to overseas and Mainland companies already set up in Hong Kong to better understand their service needs, InvestHK will offer facilitation services such as visa applications and placement in international schools for accompanying children of expatriate employees when these companies expand their business in Hong Kong. As part of its efforts to deliver aftercare support services, InvestHK will also organise events targeting specific markets or sectors to provide existing overseas and Mainland companies with networking opportunities and updated information on market opportunities, and to strengthen the relationship with these companies. The estimated expenditure for organising these events is around $2.5 million. The figure does not include staff cost or general marketing and promotion expenses which cannot be separately itemised.
Question : In 2012-13, Invest Hong Kong indicates that it will continue to strengthen co-operation with the Economic and Trade Offices as well as organisations promoting Hong Kong overseas and on the Mainland, such as the Hong Kong Trade Development Council, Science Park and Cyberport, and collaborate with the new Hong Kong Economic, Trade and Cultural Office to promote Hong Kong in Taiwan. Please provide the details and a breakdown of the expenditure of such plan. Asked by : Hon. LAM Tai-fai Reply : In 2012-13, Invest Hong Kong (InvestHK) will continue to strengthen co-operation with the Economic and Trade Offices (ETOs) as well as other organisations responsible for promoting Hong Kong overseas and on the Mainland to highlight the advantages of Hong Kong as an international business hub. With the support of the Investment Promotion Units (IPUs) in the ETOs, InvestHK will continue to organise marketing campaigns, promotion seminars and investment promotion visits in key markets to introduce the business environment of Hong Kong to companies in the priority sectors. InvestHK will also collaborate with the Hong Kong Trade Development Council (HKTDC), Science Park and Cyberport to co-organise promotion events including sector-focused seminars and exhibitions in target markets. In 2012, InvestHK will participate in HKTDC’s promotion conference in Japan in May, and will collaborate with HKTDC to jointly organise an exhibition at the China International Fair for Investment and Trade in Xiamen in September and also at the Forum on Pan-Pearl River Delta Regional Co-operation and Development in Haikou in October, with a view to promoting the business advantages of Hong Kong. InvestHK will also organise a seminar in Wuhan in collaboration with the Science Park in March this year, targeting the innovation and technology sector, and will participate in a seminar to be organised by the Science Park in the United Kingdom in September. As regards the Taiwan market, InvestHK will continue to step up promotion efforts through the support of the IPU in the newly established Hong Kong Economic, Trade and Cultural Office in Taiwan. These include organising various investment promotion programmes and conducting investment promotion visits in different cities in Taiwan to encourage and assist Taiwan companies in setting up or expanding their business in Hong Kong. InvestHK will also continue to strengthen partnership with the Taiwan business community and representatives of Taiwan business associations in Hong Kong and provide them with necessary support. In 2012-13, the estimated expenditure for conducting investment promotion activities overseas is around $18 million, and that for the Mainland and Taiwan is around $4.4 million and $1.1 million respectively. The figures do not include staff cost or general marketing and promotion expenses which cannot be separately itemised.
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