Japan's Fukui Prefecture selects HK for exposure in the region ( 01/09/2004 )
  
 
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(Left) Yoshikazu Kitagawa of the new Fukui Prefectural Government office in Hong Kong with InvestHK's Simon Galpin  
Japan's Fukui Prefectural Government recently opened its first independent office in Hong Kong to keep abreast of the latest developments in the Chinese mainland and East Asia.
 
The Director of the Fukui Prefectural Government Hong Kong Office, Yoshikazu Kitagawa, said  the Hong Kong Office will play a strategic role in helping the growing industries in Fukui to expand and exploit overseas markets.

"As the businesses in Fukui Prefecture grow, they look for opportunities in overseas markets. It is our mission to collect and analyse up-to-date economic information for them.

"Hong Kong is situated in the heart of Asia, serving as the information, trade and distribution centre of China and Asia. The city plays a key role in helping us understand the situation in our target markets, in particular China and East Asia," said Mr Kitagawa.
 
He explained that as Hong Kong is a key market for the textile and optical industries, it will serve as a strategic location to keep abreast of the latest market developments. With its proximity to Guangdong province, Hong Kong plays an important role as the central source of market information and activities.

Hong Kong was the fourth largest export market for Fukui Prefecture in 2002, following the Chinese mainland, the US and South Korea. Some 20 textile, optical and chemical companies from Fukui have established their management and business base in Hong Kong and production centres in the mainland.

The Hong Kong office will also be responsible for arranging promotion activities and exhibitions with other Fukui overseas offices, as well as attracting tourists from Hong Kong to Fukui Prefecture. Fukui's previous representation in Hong Kong was established in 1991 as part of the common office of Japan External Trade Organisation.

The Associate Director-General of Investment Promotion at Invest Hong Kong, Simon Galpin, said Fukui Prefecture's new office reinforces Hong Kong's role as the key business hub in Asia.

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