Session No. 5 File name : cedb(cit)- doc
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- Examination of Estimates of Expenditure 2010-11
Question : Invest Hong Kong plans to continue to organise joint overseas marketing activities with Pearl River Delta cities in 2010-11. What are the specific work plans and breakdown of the expenditure involved? Asked by : Hon. LAM Tai-fai Reply : Invest Hong Kong (InvestHK) has been conducting a series of joint investment promotion events in key overseas markets in collaboration with Mainland provinces and cities since September 2002 to promote the combined advantages offered by Hong Kong and the Mainland, in particular the Greater Pearl River Delta region. These joint promotion events include seminars and business matching sessions targeted at corporations with the potential to set up their business either in Hong Kong or the Pearl River Delta region. In 2010-11, Invest HK plans to organise 3 to 4 joint overseas promotion events with our Pearl River Delta partners. Among these, we will partner with Shenzhen in Venice (April) and Guangdong Province in New Delhi (October). The estimated expenditure for joint promotion activities in 2010-11 in collaboration with Mainland provinces and cities, including Pearl River Delta cities, is $2.5 million.
Question : Invest Hong Kong approaches hundreds of target companies in markets worldwide to encourage them to set up operations in Hong Kong, attract and retain foreign direct investment, and promote the business sectors and industries where Hong Kong has a competitive edge. Regarding the estimated provision of $105.8 million for 2010-11, please set out those funded projects targeting ASEAN and the expenditure involved. Asked by : Hon. LEUNG Kwan-yuen, Andrew Reply : Invest Hong Kong conducts its investment promotion (IP) work in target ASEAN countries mainly through the Head Office in Hong Kong and the part-time consultant in Singapore. Planned activities in target ASEAN countries include -. (a) IP visits and meetings to reach out to companies in these economies to encourage them to establish a presence or expand their operations in Hong Kong; (b) facilitation services to assist companies in setting up their businesses here and aftercare support for companies already in Hong Kong; (c) networking and marketing events to generate projects leads and reach out to potential investors; and (d) advertising and public relations campaign to enhance the awareness of Hong Kong as the leading international business location in Asia. The expenditure of these activities involves staff costs and general marketing and promotion expenses which cannot be separately itemised.
Directory: citb -> doc doc -> 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 Download 4.7 Mb. Share with your friends:
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