By South China Morning Post | Created at 2025-01-07 14:35:27 | Updated at 2025-01-08 13:12:45
22 hours ago
Hong Kong’s finance chief has arrived in Indonesia with a business delegation to promote the city’s advantages to local companies, with members noting the technology and manufacturing sectors are keen to tap into the vast potential of the world’s fourth-most populous nation.
Indonesia’s growing middle class, expansive territory and rising demand for professional services would put Hong Kong firms in an advantageous position, analysts said on Tuesday.
The delegation led by Financial Secretary Paul Chan Mo-po arrived in Jakarta on Tuesday evening, with the senior official expected to address the “Think Business, Think Hong Kong” symposium the next day.
The full-day event organised by the Trade Development Council (TDC) will highlight the city’s status as a global hub for business, innovation, logistics and offshore renminbi.
Business leaders travelling with Chan include Asia Financial Holdings chairman and CEO Bernard Chan and Swire Pacific chairman Guy Bradley, as well as more than 40 members from the city’s tech sector, including representatives from 21 start-ups.
Delegation member Duncan Chiu, the lawmaker for the technology and innovation sector, said with a population surpassing 280 million, Indonesia could be a promising market for city tech firms looking to grow beyond their home turf.
