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Measures to enhance investment promotion



DateContextSummary of developmentAction
1.7.00 - Invest Hong Kong (InvestHK) was set up on 1.7.00 to take over from the disestablished Industry Department the responsibility for promoting inward investment.
8.1.01 CI The Panel discussed with the Administration on the progress made by InvestHK since its establishment on 1.7.00, and its current and future work priorities. The Panel also discussed the proposed retention of a supernumerary post of Administrative Officer Staff Grade 'C' (AOSGC) in InvestHK for the period up to 31.3.03. [Paper]
17.1.01 ESC ESC endorsed the proposed creation of one supernumerary post of AOSGC (D2) in InvestHK from 1.3.01 to 31.3.03. [Paper]
9.2.01 FC FC approved the commitment endorsed by ESC on 17.1.01. [Paper]
3/01 FC In examining the Draft Estimates of Expenditure 2001-02, members raised questions on the operation mode of InvestHK. [Question "Bureau Serial No: CIB49, CIB55, CIB56, CIB57"]
28.3.01 CQ Hon NG Ching-fai raised a question on the work of InvestHK. [Hansard "page 20"]
13.6.01 CQ Hon Henry WU raised a question on the efforts of the Government and public-funded organizations in promoting Hong Kong overseas. [Hansard "page 57"]
4.7.01 CQ Hon Kenneth TING raised a question on services provided by InvestHK for Hong Kong manufacturers who sought joint venture opportunities with foreign investors or Mainland enterprises. [Hansard "page 93"]
26.6.02 CQ Hon Tommy CHEUNG raised a question on the proposal to develop Hong Kong into a wine distribution hub of Asia. [Hansard "Page 35"]
13.1.03 CI The Panel discussed paper on details of investment made by the Mainland enterprises in Hong Kong. [Paper]

In response to members' request, the Administration provided supplementary information on the statistics on investment by Mainland enterprises and measures for attracting more Mainland enterprises to invest in Hong Kong.[Follow-up paper]

14.4.03 CI The Panel discussed paper on measures to enhance investment promotion. [Paper]

In response to members' request, the Administration provided supplementary information on the results of projects completed by InvestHK from 2000 to 2002. [Follow-up paper]

30.5.03 FC FC considered the proposed creation of a new commitment of $200 million for boosting investment promotion work. [Paper]

Owing to time constraints, FC agreed to continue the discussion at the next meeting scheduled for 3.6.03. [Minutes]

3.6.03 FC FC approved a commitment of $200 million to enable InvestHK to strengthen its investment promotion efforts to attract and retain foreign investors. [Paper]
8.3.04 CI The Panel discussed the paper on the work of InvestHK in promoting inward investment, including its mission, services and operation resources. The paper also updated members of the results of the department's investment promotion efforts, and the progress of new initiatives following the injection of additional resources. [Paper]

In response to members' request, the Administration provided supplementary information on the following:
(a)Joint promotion with the Pearl River Delta Region authorities;
(b)Breakdown on the staffing position of companies assisted by InvestHK;
(c)Mechanism to track development of foreign and Mainland companies in Hong Kong; and
(d)Investment promotion work under the Relaunch Campaign. [Follow-up paper]

10/04 - The Research and Library Services Division prepared an information note on "Foreign Direct Investment in Hong Kong" [Information note]
17.5.05 CI The Panel was briefed on the work of InvestHK in 2004 and developments planned for 2005. [Paper] [Background brief] [Follow-up paper]
23.11.05 CM A motion moved by Hon CHAN Kam-lam on enhancing economic and trade cooperation between Hong Kong and the Pan-Pearl River Delta region was passed. [Hansard "page 147"]
29.3.06 CQ Hon WONG Ting-kwong raised a question on issues relating to joint Hong Kong and Guangdong efforts to promote investment. [Hansard "page 11"]
18.4.06 CI The Panel was briefed on the work of InvestHK in 2005 and developments planned for 2006. [Paper]
15.11.06 CM A motion moved by Hon WONG Ting-kwong on cooperation between Hong Kong and the Pan-Pearl River Delta region was passed. [Hansard "page 94"]
13.2.07 CI The Panel was briefed on the work of InvestHK in 2006 and developments planned for 2007. [Paper] [Background Brief] [Follow-up paper]
18.12.07 CI The Panel was briefed on recent developments of InvestHK and its proposal for a further allocation of $100 million to InvestHK. [Paper] [Background brief]
11.1.08 FC FC approved a $100 million increase in the approved commitment for boosting investment promotion work. [Paper]
21.5.08 CQ Dr Hon David LI Kwok-po raised a question on the impact of closer links across Taiwan Strait.[Hansard "page 86"]
4.6.08 CM A motion moved by Hon TAM Yiu-chung on opportunities to Hong Kong brought about by the thawing cross-strait relations was passed.[Hansard "page 163"] [Progress report]
19.11.08 CQ Hon Vincent FANG Kang raised a question on Government's offices outside Hong Kong. [Hansard "page 56"]
26.11.08 CQ Hon Miriam LAU Kin-yee raised a question on impact of "Three Direct Links" on air and maritime transport, logistics and tourism sectors. [Hansard "page 54"]
10.12.08 CQ Hon Paul TSE Wai-chun raised a question on entry arrangements for visitors from Guangdong and Taiwan. [Hansard "page 57"]
13.1.09 CI The Panel was briefed on the measures to enhance co-operation between Hong Kong and Taiwan in the areas of trade, investment and tourism. [Paper] [Information note prepared by the Research and Library Services Division]
13.1.09 CI The Panel discussed the work of InvestHK in 2008 and the way forward for 2009. [Paper] [Background brief]
22.9.09 PRESS The Administration announced that the next chapter of the "On Your Marks, Get-Set, Go!" campaign, which aims to attract more privately-owned-enterprises from Sichuan to set up or expand in Hong Kong, was launched by Invest Hong Kong. [Press release]
19.1.10 CI The Panel discussed the work of InvestHK in 2009 and the way forward for 2010. The Administration also briefed the Panel on the results and recommendations of a consultancy study of investment promotion work in Hong Kong. [Paper] [Background brief]


InvestHK:http://www.investhk.gov.hk/


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