Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

Hong Kong's strategic enterprise scheme attracts 22 new corporate partners, including Pfizer and AstraZeneca, bringing total investments to over 120 firms since 2022.

Hong Kong's strategic enterprise scheme attracts 22 new corporate partners, including Pfizer and AstraZeneca, bringing total investments to over 120 firms since 2022. | Contesto: cronaca

Punti chiave

  • Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

Contesto

Twenty-two multinational corporations, including pharmaceutical giants Pfizer and AstraZeneca, have signed agreements to establish or significantly expand their operations in Hong Kong through the government's Office for Attracting Strategic Enterprises (OASES). This latest cohort, announced this week, represents the sixth wave of companies to join the flagship investment initiative since its inception in late 2022, pushing the total number of strategic corporate partners in the city beyond 120. The signings underscore a concerted push by Hong Kong authorities to reposition the financial hub as a leading base for innovation and technology in the post-pandemic era. The newly attracted firms span several high-value sectors deemed critical for Hong Kong's future economic development. Beyond life sciences leaders Pfizer and AstraZeneca, the cohort includes major players in artificial intelligence, fintech, advanced manufacturing, and new energy technologies. While the government has not disclosed the exact financial value of each investment, officials confirmed that the combined commitments involve substantial capital expenditure and are projected to create thousands of high-skilled jobs in the coming years. Each agreement is tailored, with the government offering a package of support measures that can include land provision, financial incentives, and assistance with regulatory processes. The OASES scheme is a cornerstone of Hong Kong's strategy to diversify its economy beyond traditional pillars like finance and trade. Launched with significant political backing, the office acts as a one-stop shop to court enterprises considered strategically important for driving innovation and enhancing the city's global competitiveness. Its mandate is to identify and aggressively pursue companies at the forefront of industries outlined in the national 14th Five-Year Plan, which emphasizes technological self-reliance and high-quality development. The success in attracting over 120 firms in under two years is frequently cited by officials as evidence that Hong Kong retains its magnetic pull for international business despite geopolitical headwinds. Analysts point to several...

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Categoria: cronaca