Strategic enterprises to bring 17,000 jobs, HK$42bn investments to HK

The Office for Attracting Strategic Enterprises (OASES) welcomed a new cohort of 17 enterprises aimed at establishing or expanding their operations in Hong Kong, which is expected to generate HK$42 billion in investments together with the previously attracted companies.

The Office announced during the partnership signing ceremony on Monday that the latest group of enterprises encompasses sectors such as life and health technology, artificial intelligence and data science, financial technology, as well as advanced manufacturing and new energy technologies.

Fifteen come from mainland China, one from the United States, and one from France, OASES said.

Financial Secretary Paul Chan Mo-po stated that the OASES has facilitated the entry of over 60 companies into the city since its establishment, welcoming a total of HK$42 billion in investments over the coming years and creating more than 17,000 jobs.

Chan also expressed gratitude to all partner enterprises for their confidence in Hong Kong, describing their decision as a “clear and confident vote” that reflects their belief in the city’s endless opportunities.