Hong Kong Chief Executive John Lee departed on his first state visit to the Middle East yesterday, kicking off a campaign to attract new investors to Hong Kong after three years of coronavirus lockdown. This writes Bloomberg.
Lee will visit Saudi Arabia and the United Arab Emirates from February 6 to 11, among others. During that time, he talks with local political and business leaders to promote new development opportunities and to “nurture ties between Saudi Arabia, the Emirates and Hong Kong,” said a statement.
According to Lee, the development vision of Saudi Arabia and that of the Emirates are in line with what is foreseen by Hong Kong, reports Radio Television Hong Kong.
Oil giant
In addition to the local administrators, a visit to the oil giant Saudi Aramco is also scheduled, where Lee will speak with the company’s top management. There could also be talk of adding Saudi Aramco to the Hong Kong stock exchange. The company is worth over $2 trillion and is registered in Riyadh.
Source: BNR
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