Hong Kong to target investors in I&T firms with revamped immigration scheme
Undersecretary for Financial Services and the Treasury Joseph Chan says government in process of finalising details of scheme set to launch later this year.
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Undersecretary for Financial Services and the Treasury Joseph Chan says government in process of finalising details of scheme set to launch later this year.
Hong Kong must quickly find the land needed for I&T development, provide affordable housing to draw talent and offer attractive property concessions like in Singapore and Shenzhen.
Innovation, Technology and Industry Bureau also lays out goal of fourfold increase in local manufacturing industry’s economic contributions.
Hong Kong is already trailing the likes of Shenzhen and Singapore, so it needs to go all out to become competitive again. Apart from offering subsidies and allowances, the city could also roll out a mentorship programme, widen internship opportunities and provide more versatile training
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