Hong Kong Delegation Expands Business Ventures in Middle East
Key Ideas
- Chairman Cliff Zhang's delegation visit to Saudi Arabia and the UAE led to the supply of three hydrogen buses in Abu Dhabi, marking progress in green transportation initiatives.
- Upcoming delegation trip to Qatar and Kuwait, led by Chief Executive John Lee, aims to strengthen business ties and explore new markets for Hong Kong enterprises.
- Hong Kong General Chamber of Commerce highlights the potential for Hong Kong to serve as a primary listing hub for Middle Eastern firms, emphasizing the importance of mutual understanding of business practices and cultural norms.
- Efforts to enhance business exchanges include facilitating networking events, promoting market insights, and suggesting increased direct flights between Hong Kong and major Middle Eastern cities.
Two years ago, Chief Executive John Lee led a delegation to Saudi Arabia and the United Arab Emirates, which significantly impacted a member of the delegation, Chairman Cliff Zhang. Zhang's firm supplied three hydrogen buses to Abu Dhabi following the trip, collaborating with the Integrated Transport Centre on green transportation initiatives. The delegation is now preparing for a visit to Qatar and Kuwait to expand business ventures in the Middle East. Hong Kong aims to demonstrate its readiness for partnerships with nations in the Gulf Cooperation Council, with a focus on diversifying industries beyond oil and gas. The upcoming trip is expected to open doors for Hong Kong businesses and deepen collaborations in the region. The Hong Kong General Chamber of Commerce sees the trip as an opportunity to promote Hong Kong as a listing hub for Middle Eastern companies and emphasizes the importance of understanding local practices and regulations. Enhancements in business exchanges include networking events, market insights, and proposals for increased direct flights to foster stronger ties between Hong Kong and the Middle East.
Topics
Public Transit
International Relations
Economic Diversification
Business Expansion
Green Transportation
Delegation Trip
Middle East Markets
Latest News