HONG KONG: Members of the Hong Kong Chinese General Chamber of Commerce should take the opportunity to forge contacts with Malaysian businessmen when they attend the 7th World Chinese Entrepreneurs Convention in Petaling Jaya, Malaysian Consul-General Abdul Aziz Harun said.
“It is our earnest hope that Hong Kong businessmen could consider pursuing joint ventures or co-operation with their Malaysian counterparts and at the same time explore the possibility of investing in Malaysia,” Abdul Aziz said.
He said this was especially timely as more support and closer ties among entrepreneurs were necessary to rebuild and strengthen business ties.
“As the saying goes, together we stand and divided we fall,” the Consul-General said in a speech during a reception held for 42 members of the chamber at the Malaysia Building in Hong Kong recently.
Abdul Aziz said Malaysia’s connection with Hong Kong was very important as the territory could act as the intermediary in business partnerships between Malaysia and China.
“The relationship between Malaysia and Hong Kong is also crucial as Malaysia possesses many natural resources as well as semi and high-tech labour which is very much sought after by Hong Kong,” he added.
As China had joined the World Trade Organisation, Abdul Aziz said it would directly enhance China's economy which would in turn lift Hong Kong’s economy to a new height especially in respect of re-exports, tourism, logistic supports and financial services.
He said the many Malaysian companies and about 15,000 Malaysians based in Hong Kong showed the close business and economic co-operation between the two countries.
“Total trade between Malaysia and Hong Kong in 2002 was HK$52.2bil (RM25.4bil) which was a 6.6% increase compared to the year before,” he said.
In the same year, Hong Kong imported HK$39.7bil (RM19.3bil) worth of products from Malaysia, while Malaysia’s imports from Hong Kong was HK$15.5bil (RM7.5bil), he added.
The convention will be held from July 27 to 30.