SCED to visit Israel to promote investment and technology collaboration
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     The Secretary for Commerce and Economic Development, Mrs Rita Lau, will visit Israel from November 21 to 24 to foster collaboration between the two places in the areas of innovation, information and communications technology (ICT), and to promote business and investment opportunities in Hong Kong.

     During the visit, Mrs Lau will meet with the Minister of Industry, Trade and Labour, Mr Binyamin Ben-Eliezer; the Minister of Finance, Dr Yuval Steinitz; the Deputy Foreign Minister, Ambassador Daniel Ayalon; and the Deputy Chief Scientist, Professor Mina Goldiak.

     To see the latest developments in the green energy and bio-technology fields, Mrs Lau will visit an electric vehicle services company which provides infrastructure and networks to facilitate the adoption and use of electric vehicles, a leading life science accelerator which offers incubation support to biomedical start-ups, and a venture capital company that specialises in investing in seed stage technology companies.

     During her stay, Mrs Lau will also attend business luncheons hosted by the Asia Israel Chamber of Commerce and Invest Hong Kong, to encourage Israeli enterprises to establish their business base in Hong Kong, and to introduce Hong Kong's advantages as the gateway to China, as well as explore the potential for Israeli and Hong Kong ICT enterprises to combine in tapping the Mainland market. She will also take the chance to visit the Tel Aviv Stock Exchange.

     Mrs Lau will return to Hong Kong on November 25.

Ends/Friday, November 19, 2010
Issued at HKT 14:01

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