HK Investment Corp, Guangdong eye joint fund for GBA projects
The Hong Kong Investment Corporation is considering partnering with Guangdong province to co-invest in Greater Bay Area projects. Meanwhile, the Hong Kong government plans to attract investments through a capital residency plan.
The new $7.9-billion Hong Kong Investment Corporation (HKIC) is considering setting up a joint investment fund with the Guangdong government to co-invest in Greater Bay Area (GBA) projects, the Hong Kong government announced on October 25.
Meanwhile, the government has set a $3.8-million investment threshold for investors to gain Hong Kong residency, in a bid to attract talent and capital to the GBA.
John Lee,
HKSAR Government
In his second Policy Address, Hong Kong…
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