InvestHK

Invest Hong Kong (Chinese: 投資推廣署) is the department of the Hong Kong SAR Government responsible for Foreign Direct Investment, supporting overseas businesses to set up and expand in Hong Kong. Founded on 1 July 2000, its first Director General was Michael Rowse.

InvestHK 投資推廣署
Hong Kong Government Agency
InvestHK Logo
Director-General of Investment Promotion	Alpha Lau
Associate Director-General of Investment Promotion	Jimmy Chiang Charles Ng
Agency Information
Establishment	2000
Affiliation	Commerce and Economic Development Bureau
Headquarter	24/F, Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong
Contact
Website	Official Website

Simon Galpin (at the time the Deputy-Head of Invest HK), Stephen Bradley (the British Consul General in Hong Kong), Andy McRae (a Director of Hays plc) and Nigel Cumberland (a co-founder of St. George's Harvey Nash) at an official ceremony held at Hong Kong's Foreign Correspondents' Club in June 2006 to celebrate Hays plc buying St George's Harvey Nash

The Investment Officers are organized into nine specialist sector teams covering Hong Kong's four pillar industries and six new growth sectors: Business & Professional Services, Consumer Products, Creative Industries, Financial Services, FinTech, Information & Communications Technology, Innovation & Technology, Tourism & Transport, and hospitality, Infrastructure & Advanced Manufacturing.^{[citation needed]}

Invest HK is headed by the Director-General of Investment Promotion who reports to the Secretary for Commerce and Economic Development.^{[citation needed]}

Director-General of Investment Promotion

Alpha Lau

The current Director-General of Investment Promotion is Alpha Lau (Chinese: 劉凱旋).^[1] Under Lau's leadership, the agency has focused on promoting Hong Kong as a location for corporate headquarters, family offices, and technology companies.^[2] For the first half of 2024, InvestHK reported assisting over 300 companies in establishing or expanding operations in Hong Kong, with investments totaling approximately HK$38 billion.^[3]

Stephen Phillips

The former Director-General of Investment Promotion was Stephen Phillips.^[4] In August 2022, Phillips went to Australia and New Zealand to market Hong Kong's business attractions.^[4] In November 2022, despite the 0+3 restrictions for inbound travelers, Phillips said that "Hong Kong is well and truly back open for business."^[5]

In March 2022, Phillips claimed that the National Security Law was not a big concern for companies while investing in Hong Kong.^[6]

Events

Hong Kong FinTech Week

Hong Kong FinTech Week is an international fintech event, organized by Investhk; It is held in Hong Kong (and Shenzhen).^[7]

Hong Kong FinTech Week brings together fintech communities from the East and the West that seek to expand their businesses to Hong Kong, mainland China and the Asia-Pacific region.^[7]

Gay Games

In September 2023, SCMP reported that although Invest HK was a sponsor of the 2023 Gay Games, it had not provided support to the event.^[8]

See also

• Investment promotion agency
• China Investment Promotion Agency

References

1. "Senior appointments (with photos)". www.info.gov.hk. Retrieved 16 July 2024.
2. "US remains critical source of funds and start-ups for Hong Kong, head of InvestHK says". South China Morning Post. 14 June 2024. Retrieved 16 July 2024.
3. 江麗盈 (2 July 2024). "投資推廣署上半年助322間企業在港開公司 帶來383億元投資額". 香港01 (in Chinese (Hong Kong)). Retrieved 23 July 2024.
4. "Director-General of Investment Promotion visits Australia and New Zealand to promote Hong Kong's business opportunities". info.gov.hk. Retrieved 25 August 2022.
5. "Summit shows HK is open for business: InvestHK – RTHK". news.rthk.hk. Retrieved 2 November 2022.
6. "NSL not a top concern for investors: InvestHK chief – RTHK". news.rthk.hk. Retrieved 25 March 2022.
7. "Hong Kong Fintech Week to begin on November 4". Daily Mirror (Sri Lanka). 17 October 2019. Retrieved 24 February 2023.
8. "Are Hong Kong government agencies giving Gay Games the cold shoulder?". South China Morning Post. 2 October 2023. Retrieved 2 October 2023.