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Polish companies urged to seize new opportunities in China

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Marek Szczepanski, Polish Under-Secretary of State, Ministry of Economy and Labour (left), met with The Hon. Andrew Leung, Council member of the Hong Kong Trade Development Council (TDC) and Honorary President, Federation of HK Industries (centre), and Fred Lam, TDC's executive director, in Warsaw on 12 April.
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HK companies are interested in business opportunities in Eastern Europe. Pictured at the factory of Finn Karelia Poland Ltd in Lodz, Poland on 12 April, are Andrew Leung, Honorary President, Federation of HK Industries (third from left) and executive director of the Hong Kong Trade Development Council Fred Lam (centre) and members of the 11-strong delegation to Poland.
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Jerzy Kropiwnicki, Mayor of Lodz, (first row, second from right) with the HK delegation.

The economic success of Poland has boosted interest from Hong Kong companies in doing more business with this region, according to Andrew Leung, Council member of the Hong Kong Trade Development Council (TDC) and honorary president of the Federation of Hong Kong Industries.

He was speaking on April 12 at a seminar in Warsaw. Mr Leung is travelling with an 11-strong delegation of China experts from Hong Kong, including Fred Lam, Executive Director of TDC.

Poland has become a member of the EU since May 2004, and it has adopted the EU's common external trade policy and measures. The Polish economy is forecast to grow by 4.9% in 2005. Consumer spending is growing steadily as a result of employment growth and wage increases.

Hong Kong exports to Poland increased by 21% to US$290 million in 2004.

TDC's path-finding delegation is exploring ways to promote Hong Kong's exports to Eastern Europe on one hand, and to attract more enterprises from the region to use the Hong Kong business platform.

"Hong Kong has the location, the reliability and efficiency and the expertise to make doing business in China that much better. And we know Polish companies are interested in China," said Mr Leung. "Hong Kong is a focal point for Polish companies interested in doing business with China"

The group will also be travelling to Budapest on 13 April and includes delegates from the logistics, finance, law, garments, electronics, watches and footwear sectors.

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For press enquiries, please contact Lynne Mulholland of TDC's Corporate and Media Communication Department at 25844376 or lynne.mulholland@tdc.org.hk

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Content provided by Hong Kong Trade Development Council