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Hong Kong, One of the Cities with the Best Infrastructure in Asia

Written by: Editor

Hong-Kong-One-of-the-Cities-with-the-Best-Infrastructure-in-Asia.jpgHong Kong has one of the best infrastructures in Asia, as highlighted in the recent BMI Research Asia-Pacific Infrastructure Risk/Reward Index. On a global level, the city occupies fourth place, similar to Singapore. Hong Kong is known for having a well-developed infrastructure market and the research highlights the city’s strong points. Investors interested in company registration in Hong Kong will often choose this location over others in the Asia-Pacific region particularly because of the well-developed business environment. 
 

Good global scores for Hong Kong

 
Hong Kong has a good regulatory environment that is mainly responsible for the city’s good scores in a number of categories included in the Infrastructure Risk/Reward Index presented by BMI Research. A stable political outlook is another important characteristic that boosts the city’s attractiveness towards foreign investors.
 
Hong Kong recorded good scores in the construction timeliness category. The city is a major business hub and those who open a Hong Kong company will also look for suitable office spaces. More options are available and the authorities have several construction projects that will increase the space availability. These projects add to the construction industry growth, another element analyzed in the report.
 

Hong Kong’s developed market

 
Hong Kong and Singapore were both included in the developed urban market category. The two cities share similarities but also important differences, which are relevant for some foreign investors who might be looking to take advantage of Hong Kong’s close proximity to China. 
 
The Special Administrative Region also scored well in operational risk and legal environment. BMI also mentioned that Hong Kong is open towards foreign investment and participation. 
 
Foreign companies that open a branch in Hong Kong take advantage of the location in the Asia-Pacific region and the close proximity to Mainland China with can be strategic for companies in various business fields. The competitive business environment also refers to the city’s low taxation regime.
 
If you would like to know more about how to set up your business in the city please contact our company registration agents in Hong Kong.
 
 

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