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Policy Address

Attract Strategic Enterprises

27. The OASES to be established within this year will be tasked with attracting high-potential and representative strategic enterprises from around the globe, particularly those from industries of strategic importance, such as life and health technology, artificial intelligence and data science, financial technology (Fintech), and advanced manufacturing and new energy technology. The office will:

  1. draw up a list of target enterprises and provide steer to the Dedicated Teams for Attracting Businesses and Talents to reach out to and carry out negotiations with the enterprises;

  2. formulate attractive special facilitation measures covering aspects such as land, tax and financing that are applicable exclusively to target enterprises, and provide them with tailor-made plans to facilitate the setting up of their operations in Hong Kong; and

  3. provide the employees of these target enterprises with one-stop facilitation services in areas such as visa application and education arrangement for their children.

28. With the establishment of the Co-Investment Fund, the Government will consider co-investing in individual projects of the target enterprises, taking into account their potential to drive industry development in Hong Kong. In addition, we will set up the Advisory Committee on Attracting Strategic Enterprises, comprising representatives from relevant business sectors and social leaders, to advise the Financial Secretary on the overall strategy.