Hong Kong FDI exceeded US$83b

Hong Kong ranked fourth globally in terms of FDI inflows after the USA.

The United Nations Conference on Trade & Development’s World Investment Report 2012 said foreign direct investment into Hong Kong in 2011 exceeded US$83 billion, an all-time high and up 17% on 2010.

Hong Kong ranked fourth globally in terms of FDI inflows after the USA (US$227 billion), China (US$124 billion) and Belgium (US$89 billion), and was second only to China in Asia.

The report also said FDI stock remained stable at US$1.14 trillion compared to US$1.09 trillion in 2010.

Hong Kong also topped UNCTAD’s Global Foreign Direct Investment Attraction Index 2011, an annual measure of an economy’s success in attracting foreign direct investment.

Invest Hong Kong’s Investment Promotion Associate Director-General Victoria Tang believes Hong Kong will continue to be a preferred destination for foreign direct investment despite global uncertainties.

She said Hong Kong’s predictable business environment, rule of law, stable tax regime, free flow of information and capital, and a workforce with international and Mainland perspectives, continue to make it a desirable platform for investors.