Hong Kong Update
 Hong Kong Economic and Trade Office - Canada  

Summer 2009 Issue_

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New Director for InvestHK
Mr Simon Galpin has been appointed the new Director-General of Invest Hong Kong (InvestHK), replacing Mr Mike Rowse who retired earlier this year.

Director-General of Invest Hong Kong, Simon Galpin (3rd from right)Mr Galpin worked in a number of private companies responsible for business promotion before joining the Scottish Enterprise, which is the United Kingdom Government agency to attract direct foreign investment to Scotland, in 1991. He joined InvestHK in 2001 and was a member of the start-up team that established the government department as one of the world's leading investment promotion agencies.

On a recent visit to Toronto, Mr Galpin met with board members of the Hong Kong-Canada Business Association and leaders of major business organizations such as the Canada China Business Council. He told them that 2009 would be a year of uncertainty, but emphasized that Hong Kong would maintain its position as a safe and reliable platform for foreign companies from which to manage their new and existing business in Asia.

Meanwhile, InvestHK continues to attract new businesses to Hong Kong. In late May, Canadian shoe retailer ALDO entered the Hong Kong market with the opening of its first flagship store in the Central District. (Please read story about ALDO)

Saizeriya restaurant in Hong KongRedeem Plc, a UK-headquartered mobile phone recycling specialist, also announced that it was opening a sales and processing centre in Hong Kong. The new operation will provide entry to a number of core emerging mobile markets, including Mainland China, India, Africa and South America. Mr Jamie Rae, Redeem's Chief Executive, said the choice of the company's new venue reflected the fact that Hong Kong "is the world hub for the refurbishment and resale of mobile phones."

Saizeriya Italian Restaurant Group, an Italian family-style restaurant chain originating from Chiba, Japan, opened its second outlet in Hong Kong. The company's first Hong Kong restaurant opened in November 2008, and there are plans to open a further 50 venues within the next five years.


© 2009 Hong Kong Economic and Trade Office (Canada). All rights reserved.