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Major Business Mission to Kuwait, Saudi Arabia, UAE
First Middle East Visit for Hong Kong's Chief Executive

January 25, 2008 - A high-level Hong Kong delegation, led by Donald Tsang, the Chief Executive of Hong Kong, departs this evening for the Middle East. The week-long business promotion trip, January 25-February 1, will focus on Hong Kong's services industries, with stops in Kuwait and Riyadh, the Saudi Arabian capital, along with Abu Dhabi and Dubai in the United Arab Emirates.

Accompanying Mr Tsang on the Middle East mission are Fred Lam, the Executive Director of the Hong Kong Trade Development Council (HKTDC), and more than 20 prominent Hong Kong business people. They include senior bankers and financial regulators, along with Hong Kong Government executive councillors and legislative councillors, major property and real estate developers, and the heads of legal services and media companies.

Organised jointly by the HKTDC and the Hong Kong Government, it is the third Hong Kong services sector mission to the Middle East in as many years. For Mr Tsang, it will be his first visit to the Middle East since becoming Chief Executive in 2005.

"Mr Tsang's presence on this services mission underlines the importance we place on the booming markets of the Middle East," said Mr Lam. "We will explore promising areas of cooperation with Middle East investors, introducing our financial services strengths, as well as our role as a gateway to the Chinese mainland and Asia as a whole. We will also emphasise Hong Kong's international expertise in infrastructure and property development services," Mr Lam added.

The Hong Kong mission, which begins in Kuwait and concludes in the UAE, includes business luncheons organised by the HKTDC in cooperation with local chambers of commerce, as well as roundtable discussions with local leaders in Abu Dhabi and Dubai.

In Kuwait and Abu Dhabi, the Hong Kong delegation is expected to discuss investment opportunities with major Middle East funds. Visits to major financial institutions and meetings with senior government officials are also scheduled.

Media Enquiries
Please contact the TDC's Corporate Communication Department:

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About the TDC
Established in 1966, the Hong Kong Trade Development Council (TDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 offices worldwide, including 11 in the Chinese mainland and a Middle East regional office in Dubai, the TDC promotes Hong Kong as a platform for doing business with China and Asia. The TDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and the mainland, while providing information via trade publications, research reports and online. For more information, visit www.tdctrade.com

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