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| No.3 June, 2012 |
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Invest Hong Kong ranked top in Asia in World Bank global survey |
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 Invest Hong Kong (InvestHK) was the only Asian investment promotion agency in the world's top 10 for inquiry handling and it ranked sixth across the globe, according to the Global Investment Promotion Benchmarking (GIPB) survey conducted by the World Bank Group.
Invest Hong Kong is the department of the Hong Kong Special Administrative Region (HKSAR) Government established in July 2000 to be responsible for promoting Foreign Direct Investment and support overseas as well as Mainland businesses to set up or expand in Hong Kong. Having the slogan "Right Time, Right Place, Right Now", InvestHK offers free advice and customised services to assist businesses succeed in Hong Kong's vibrant economy. In its 12th year of operation, over 2,400 investment projects and HK$62 billion of investment have been generated.
Assessing 189 agencies worldwide for their effectiveness in online promotions and inquiry-handling, the GIPB 2012 survey was conducted by the Investment Climate Department of the World Bank Group.
In the inquiry handling test, GIPB 2012 assessed each agency twice by using a mystery shopper approach. The two assessments were respectively an agribusiness inquiry about seeking land for agricultural testing and a tourism inquiry about a hotel development.
InvestHK was one of only 10 agencies that replied to both inquiries within 24 hours. As noted in the GIPB report, interaction with InvestHK was "highly professional".
Mr Robert Whyte, the World Bank's Project Manager for the GIPB 2012, said that Hong Kong had moved 20 places up in inquiry handling from 26th in the last survey in 2009 to become "the top performer in Asia." He added that, "As FDI levels recover slowly from the recent economic crisis, it is more important than ever for government agencies to be highly responsive to the needs of potential investors as they search for new investment locations. InvestHK, as one of the world's top investment facilitators, has taken this challenge seriously by significantly improving the quality of facilitation services that it offers to investors since our GIPB 2009 survey, especially in terms of its ability to handle direct investor inquiries in which it is now the top performer in Asia."
For more information, please visit www.investhk.gov.hk. |
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