Hong Kong to prioritise boosting ties with Saudi Arabia; Belt and Road Summit to outline investment possibilities, John Lee says
- City leader marks launch of Hong Kong chapter of Saudi Arabia-China Entrepreneurs Association at gala dinner
- Eleven hi-tech companies in Hong Kong sign deals with venture capital firm eWTP Arabia Capital at event
Hong Kong is prioritising boosting ties with Saudi Arabia, with more investment possibilities between the two places to be outlined at a major summit in September in the city, Chief Executive John Lee Ka-chiu has said.
City leader Lee made the comments on Sunday at an event to mark the launch of the Hong Kong chapter of the Saudi Arabia-China Entrepreneurs Association (SCEA) and to welcome an official delegation from the Middle Eastern country.
At the event, 11 hi-tech companies in Hong Kong signed deals with venture capital firm eWTP Arabia Capital (eWTPA) in an effort to explore more opportunities in the Middle East market.
“From the outset, the current term of the Hong Kong [government] – now a year and a day running – has put a priority on revitalising relations with Saudi Arabia, and the Middle East in general,” Lee said at the gala dinner held at the Hong Kong Science and Technology Parks in Sha Tin.
