OFFICE SET TO MEET 300 ENTERPRISES

Deputy Financial Secretary Michael Wong said today the Office for Attracting Strategic Enterprises (OASES) has met more than 150 enterprises in about six months since its establishment and it is estimated that it will meet around 300 strategic enterprises by the end of 2023.

Answering lawmakers questions at the Legislative Council meeting, Mr Wong said many of the enterprises contacted are leaders in their respective industries as well as companies engaging in cutting-edge technologies.

He noted that OASES and relevant bureaus are evaluating the business development proposals submitted by different strategic enterprises.

Looking forward, Mr Wong said OASES will continue to engage and discuss the target list with different strategic enterprises. It is estimated that OASES will meet around 300 strategic enterprises by the end of this year.

Noting that strategic enterprises would have various concerns on whether to set up their operations in Hong Kong, the Government will formulate tailor-made plans in accordance with their needs.

He added that OASES also provides employees of target enterprises with one-stop facilitation services in areas such as visa application and education arrangements for their children.

In recent months, OASES, through the Immigration Department, has handled over 20 cases related to talent schemes or visa facilitation.

The Government aims to attract at least 1,130 companies to set up or expand their operations in Hong Kong from 2023 to 2025.

Mr Wong said the Government emphasises the importance of transparency and OASES will release the number of enterprises it has met and other information every year for public information.

He believes this will also allow other strategic enterprises to understand more about the work of OASES and enhance their interest in investing in Hong Kong.

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