Hong Kong’s Game-Changer: 18 Major Firms to Invest HKD 50 Billion and Create 20,000 Jobs!

In a landmark event for Hong Kong's economy, the Office for Attracting Strategic Enterprises (OASES) hosted a signing ceremony today, marking the arrival of the fourth batch of strategic enterprise partners. This new cohort includes 18 dynamic companies poised to make a significant impact in the region, featuring prominent names such as Ant Digital Technologies, Certified Kernel Tech (CertiK), and Baidu's self-driving unit, alongside other major players like Li Auto from China, as well as firms from the US and Singapore.

What Does This Mean for Hong Kong?

Financial Secretary Paul Chan highlighted that these enterprises are poised to inject an astonishing HKD 50 billion into Hong Kong's economy over the forthcoming years. This investment is expected to generate around 20,000 new jobs, significantly bolstering the local job market and enhancing economic resilience.

Many of these firms have plans to establish their global or regional headquarters and R&D centers right in the heart of Hong Kong, which is set to transform the local landscape into a hub of innovation and technological advancement.

A Bright Future Ahead

The commitment of these strategic enterprises reflects a growing confidence in Hong Kong as a viable business destination post-pandemic. In a time when many global cities are still grappling with recovery, Hong Kong is positioning itself as a leader in attracting high-caliber business investments.

Get ready, Hong Kong – a new era of economic prosperity is on the horizon! Stay tuned for more updates as these companies set to revolutionize our city.