The Ceylon Chamber of Commerce in order to further promote trade and investment between Sri Lanka and Hong Kong will be organising a webinar on ‘Business and Investment Opportunities for Sri Lanka in Hong Kong and Beyond’ on 10 March at 11:20 a.m. via MS Teams. InvestHK Director General Stephen Phillips will be the key note speaker.
This would be an ideal opportunity for the companies interested in penetrating into the Hong Kong Special Administrative Region of China with over 7.5 million population and the gateway to Macau Islands and China. The Hong Kong Stock Exchange is the seventh-largest in the world, with a market capitalisation of HK$ 30.4 trillion ($ 3.87 trillion) as of December 2018 and the 10th-largest trading entity in exports and imports (2017).
Over half of its cargo throughput consists of transshipments (goods travelling through Hong Kong). Products from mainland China account for about 40% of that traffic. Hong Kong is part of the Maritime Silk Road that runs from the Chinese coast via the Suez Canal to the Mediterranean, there to the Upper Adriatic region of Trieste with its rail connections to Central and Eastern Europe. Hong Kong is one of the market leaders in Asean for automobile and transport, electronics, fashion, clothing and accessories, food and beverage, gifts, toys and sports supplies, health, beauty and baby care, home products, lights and constructions, industrial machinery, parts and raw materials, jewellery and watch, printing and packaging, stationery and office equipment and professional services. Based on the interest of local participants, the Ceylon Chamber will consider organising virtual B2B meetings in due course.