Five public corporations in Hong Kong dedicated to supporting businesses should learn from Qatar and enhance their coordination to offer more comprehensive services to foreign investors, the head of one body has said.
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Hong Kong Productivity Council chairman Sunny Tan, who joined Chief Executive John Lee Ka-chiu’s delegation on a four-day visit to the Middle East this week, said on Saturday that he was inspired by the Qatar Development Bank.
He said the Trade Development Council, InvestHK, the Office for Attracting Strategic Enterprises, the Productivity Council and the Hong Kong Export Credit Insurance Corporation should work more closely.
“The Qatar Development Bank is not a bank, but a government statutory body that offers many services to help and attract foreign companies coming for investment or local businesses,” Tan told a radio programme on Saturday.
“My impression is that this one institution is equivalent to our [five organisations] combined.
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“This made me feel that while the support we provide in Hong Kong for businesses or the business sector is excellent, we need to better coordinate our public institutions.”