Hong Kong invites investment from India

The conference was organised by the Bangalore Chamber of Industry and Commerce, in association with Invest Hong Kong, the government of the Hong Kong Special Administrative Region and the Municipal government of Guangzhou.

Delivering the inaugural address, International Institute of Information Technology Director Professor S Sadagopan said, “Today, Hong Kong is the most important  location or bridge in the route to mainland China. According to figures released by the Ministry of Commerce, 70 per cent of India’s exports to China pass through Hong Kong.”

A host of companies like Usha India, Oberoi Group, Union Bank of India and a number of IT companies are based in Hong Kong.

In the conference, along with Hong Kong, the development of Guangzhou as a industrial centre was also highlighted.

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