InvestHK's John Rutherford (left), congratulating the STS regional director - Asia Pacific Paul Loi on the company's new venture in Hong Kong

With its new office in Hong Kong, the company will be able to provide customised solutions and services for Asian enterprises. Fleet tracking solutions, ranging from simple vehicle tracking to comprehensive fleet management solutions, help streamline and automate a company's logistics processes.

The President and Chief Operating Officer of STS, Jorge Carvajal, said STS sees the Asian region as becoming their fastest growing business segment. "Our Hong Kong partners have shown a very strong work ethic, and their quality is very impressive. We have great expectations for the new Hong Kong office and are proud to be a part of Hong Kong's growth."

He added: "After a thorough research process, we decided to locate our regional headquarters in Hong Kong - the centre of Asia. The city offers us various business advantages - a modern world-class city with excellent communications infrastructure; unbeatable logistics system in the region; a comprehensive range of supporting services; close proximity to the Mainland market; its eminent position as a global financial hub; and the pool of world-class talent and expertise. All these factors make it logical for us to establish our regional base here."

According to Mr Carvajal, security is the number one problem facing the transportation industry today. STS is addressing this need via the release of an affordable GPS (Global Satellite Positioning System) tracking solution designed for vehicle fleets of any size.

The Hong Kong office will develop and select products and services, so as to meet specific needs of Asia-based clients. It will also be responsible for expanding sales channels within the region, including the Philippines, Japan, Malaysia and Mainland China.

The Associate Director-General of Investment Promotion at Invest Hong Kong, John Rutherford, said the entry of STS into Hong Kong not only increases the depth of the city's IT industry, but also enhances Hong Kong's dual role as a regional logistics and service centre.

"Every company which sets up an operation in Hong Kong provides more opportunities and choice for the local consumer and by controlling their regional business from here STS will create high-value employment positions for Hong Kong people," he added.

Related links
Secure Tracking Systems  
Invest Hong Kong