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RECENT REFERENCES ON FOREIGN INVESTMENT IN HONG KONG ♫、 Heir beir
hornt
↓
US and Japan hold 77% of total known overseas industrial investment in
Hong Kong (UK has 5.9% share).
(announced 4 Nov)
Recent extension to US
-
owned Dow Chemicals Hong Kong plant was seen as
an expression of confidence in the territory.
US companies are the largest overseas investors in local manufacturing
industry.
In October this year US investments amounted to 3.5 billion Hong Kong
Dollars.
There are 125 industrial establishments wholly or partly owned by US
interest. Twelve of these were set up in the last two years with a total
investment of 640 million Hong Kong dollars.
1
Chairman of the Hamburgische Landesbank, commenting on discussions which
took place this summer between German and Hong Kong businessmen, said that
numerous German companies are planning to increase investments in Hong Kong.
The President of Mitsubishi (Hong Kong) saw a bright and prosperous future for the territory.
The Times of 14 November reported that the Hong Kong authorities are Mclaiming that 180 overseas companies have opened in the territory in the
first nine months of this year.
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