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"Our local businessmen also are highly skilled
entrepreneurs with whom joint ventures could be a rewarding and
profitable possibility for an overseas firm.
Finally, Hong Kong is a
cosmopolitan society that combines the best of the East and the
West, where Enlish is spoken widely and is an official language,
and which utilises the British legal system. We are not in the
business of giving tax holidays, artifical incentives and other
gimmicks, but prefer to treat all businesses, both indigenous and
of overseas origin, equally and fairly.
"In our view any business considering expanding its
manufacturing or commerical operations by investing in the
Pacific basin region would do well to look at the advantages Ilong
Kong has to offer. For I am sure that many of them, having looked,
would act and, having acted, would be well satisfied with their
investment.
"I should add here that having, so to speak, hidden our
light under a bushel for so long, we are now beginning to do more
to publicise the advantages Hong Kong has to offer to overseas
investor. Some of this is being done by the Government, through
our Commerce and Industry Department, which has a wealth of
experience of Hong Kong business and industry and of assisting
potential investors from overseas and by the Trade Development
Council. But a unique feature of our effort is the way private
business is also playing a part of its own initiative. Under
the auspices of the Hong Kong General Chamber of Commerce, а
fund has been established for the promotion of overseas investment
in Hong Kong, which has been entirely subscribed by local businesses.
/One of the .............
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