Hong Kong forms Investment Corp. board

The new members will be responsible for making investment strategies and decisions.

The Hong Kong government announced that they are forming a board of directors for the Hong Kong Investment Corp. 

It will be composed of Financial Secretary Paul Chan as its chairman and members from the government and leaders from the community and business sectors.

The board will be responsible for formulating investment strategies and mandates, making decisions on projects, and ensuring good corporate governance. It will also help the corporation in further optimizing its use of financial reserves for promoting Hong Kong’s economical and industrial development.

Secretary Chan said that he placed his trust in the potential board members and wanted them to use their immense experience in their respective fields in making valuable contributions to the corporation and Hong Kong’s economic progress.

He also said that with new board members’ help, the corporation will focus on enhancing Hong Kong’s competitiveness while leading and supporting the strategic industries within the country. It will also strengthen its ability to attract potential investors and enhance the structure of the country’s industries and the impetus of its economic growth.

“These will help create more quality career development opportunities for people, promote the cooperation of industries between Hong Kong and its sister cities in the Guangdong-Hong Kong-Macao Greater Bay Area, and foster mutual development,” Secretary Chan added.