Investhk emphasizes Hong Kong as a strategic starting pad for global companies

Hong Kong SAR – Media Use Newswire – May 10, 2025 – Invest Hong Kong (Investhk) announced today (May 10) that the general director of the investment promotion at Investhk, Ms. Alpha Lau, will compete in Istanbul, Türkiye; Budapest, Hungary; And Cairo, Egypt, some of the most important economies along the belt and the street to strengthen the economic ties and to promote Hong Kong as a first-class goal for companies to expand to the mainland and the Asian-Pacific region.

Ms. Lau said: “Hong Kong's unique advantages as a global financial center and Asia company launchpad are the perfect partner for companies from Türkiye, Hungary and Egypt to expand into the mainland. About the region.”

She added that Hong Kong offers incomparable access to the mainland and in the Asian-Pacific region through initiatives such as the Greater Bay Area and his free trade agreement with Asean. The city's business-friendly environment, the free capital movement and a robust ecosystem for innovation and technology, which exerts almost 10,000 companies from overseas and the mainland as well as almost 4,700 start-ups, enable companies to be innovative and grow.

Ms. Lau will arrive in Istanbul tomorrow (May 11th, Istanbul Time) to deal with Turkish companies from various sectors who are interested in using Hong Kong as a springboard to grow in Asian-Pacific. She will speak at various events, including a trading seminar for Istanbul Chamber of Commerce, an industry seminar for the Turkish economic relationship, and meet with Turkish media to highlight Hong Kong's business-friendly environment, which includes a low and simple tax regime, a free flow of capital and a Common-LAW system as part of the “one country” system.

In 2024 Torkiye was the 30th largest trading partner in Hong Kong and bilateral goods trade between the two locations of 16.6 billion HK $. The avoidance of double tax agreements that were signed in 2024 in the Hong Kong Türkiye increases tax security and relieves cross-border transactions.

Since Türkiye's admission to the committed funds for Branding in Hong Kong, the upgrade and domestic turnover Hong Kong has supported companies that are expanding to the Turkish market. In order to further strengthen bilateral business relationships, InvesthK set up a second office in Izmir in January 2025 to promote the possibilities that Hong Kong offers Turkish companies that are looking for a regional expansion.

On May 13th (Budapest time), Ms. Lau will arrive in Budapest to meet the large Hungarian companies who want to use Hong Kong as a regional center for expansion in Asian-Pacific. She will meet with the media to update her about the latest business environment and the possibilities of Hong Kong. Ms. Lau will also take part in the conference for Guangdong-Hong-Macoo Greater Bay Area in Hungary.

In 2024, Hungary was 33rd in Hong Kong. Hong Kong serves as a goal for Hungarian companies that aim at Asian markets and uses its role as “Super Connector” under the “Belt and Street” initiative, while Hungary benefits from Hong Kong's open investment area. Hungarian companies, technology and health-tech companies can complete lively innovation and technology ecosystems supported by global capital and world-class universities to grow in the Greater Bay Area in Asean and China.

On May 17th (Cairo period), Ms. Lau Cairo will visit to contact global Egyptian companies to establish operations in Hong Kong to take advantage of opportunities in the Asian-Pacific. She will also take part in the conference for Guangdong-Hong-Hong-Macoo Greater Bay Area in Cairo.

In 2023, Investhk signed a memorandum of Understanding with the General Authority for Investments and Free Zones of the Arab Republic of Egypt and promised mutual cooperation with the stock exchanges and support for investment promotion. In 2024, the bilateral goods trade between Hong Kong and Egypt was $ 2.1 billion, which increased an increase of 5.4 percent compared to 2023.