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November 2001
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Bridge in Delta strengthens links

Funding is underway for the HK$4.8 billion (US$616.9 million) bridge linking Guangdong province in Southern China with Hong Kong in a move to improve cross-border infrastructure and enhance Hong Kong・s role as the business hub in the Pearl River Delta (PRD).(full story)

FDI at record high

An unprecedented boom in foreign direct investment (FDI) in Hong Kong has lifted FDI flows to and from Asia to a record level, according to the World Investment Report 2001 (WIR2001) published by the United Nations Conference on Trade and Development (UNCTAD).(full story)

Sound legal system safeguards contracts

Overseas companies entering into contracts in the Chinese mainland are being encouraged to negotiate and execute those contracts in Hong Kong and choose Hong Kong courts or arbitral institutions to settle disputes, the Secretary for Justice Elsie Leung said. She gave the opening address of the Conference on China・s accession to the World Trade Organisation: Implications for Legal Education and Training in Hong Kong. (full story)

World waits as Movie City gets ready to roll

The 69,675 square metres (750,000 square feet) Hong Kong Movie City to be built in Tseung Kwan O early next year will enhance Hong Kong・s role as the movie hub of Asia. Filmmakers are already confident that the HK$1.15 billion (US$147.8 million) state-of-the-art soundstage and post-production facilities will lift Hong Kong・s production and post-production expertise to levels on par with Hollywood when it is fully operational in 2004.(full story)

British firms have confidence in Hong Kong

More than 90 per cent of British companies in Hong Kong are satisfied with the local business environment, according to a survey by the British Chamber of Commerce. The survey showed that despite the recent economic downturn, members expect a quick return to profitability and are very positive about the outlook for 2003. (full story)

El Corte Ingles enters as prospects expand

El Corte Ingles, the leading retailer in Spain, has set up a buying office in Hong Kong to capitalise on the growing opportunities arising from China・s imminent accession to the World Trade Organisation (WTO), said the director of the company・s Hong Kong office Alejo Rodriguez. (full story)

Firms move in to seize growing opportunities

Three overseas companies have recently set up offices in Hong Kong, citing the Chinese mainland・s accession to the World Trade Organisation (WTO) and the SAR・s world-class infrastructure as two of the reasons.(full story)

Global networking platform for SMEs

International business leaders will gather at the Hong Kong Forum in December as a platform to build on their multilateral business relationships and connections with Hong Kong.(full story)

A marriage of trust and synergy

Japanese audio-visual equipment manufacturer Eiki Industrial Co Ltd has established a strategic partnership with a Hong Kong company to tap into the vast business opportunities in the Chinese mainland ahead of its accession to the World Trade Organisation.(full story)

Dentist has the drill on space exploration

A corer-grinder tool developed by a five-man Hong Kong team will be the first device used to search for life on Mars. (full story)


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