Hong Kong attracted FDI valued at US$42.9 billion last year, up 28 percent on 2005.

 

The Chinese mainland, which was the largest FDI recipient, and Hong Kong accounted for over half of FDI inflows into the region last year.

 

Hong Kong Director-General of Investment Promotion Mike Rowse said yesterday that the report confirms Hong Kong's position as a highly attractive market for FDI. To be second in Asia and seventh in the world is an impressive feat for a city economy of seven million people, he added.

 

"These results confirm Hong Kong's st..."/>
HK, mainland attract half Asia's foreign investment
 
October 18, 2007 15:16 Beijing Time
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Hong Kong has retained its position as Asia's second-largest destination for foreign direct investment, according to a report released yesterday by the United Nations Conference on Trade and Development.

 

The World Investment Report 2007 highlighted Hong Kong as a "front-runner" economy, following high rankings in both its Inward FDI Potential and Performance Indexes.

 

Hong Kong attracted FDI valued at US$42.9 billion last year, up 28 percent on 2005.

 

The Chinese mainland, which was the largest FDI recipient, and Hong Kong accounted for over half of FDI inflows into the region last year.

 

Hong Kong Director-General of Investment Promotion Mike Rowse said yesterday that the report confirms Hong Kong's position as a highly attractive market for FDI. To be second in Asia and seventh in the world is an impressive feat for a city economy of seven million people, he added.

 

"These results confirm Hong Kong's st...

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