HONG KONG, 31 OCTOBER 2017 - The Australian Chamber of Commerce in Hong Kong and Macau (AustCham) has welcomed calls for a continued close and special relationship between Hong Kong and Australia by Chief Executive of HKSAR, The Hon. Mrs Carrie Lam.
“The economic ties between Hong Kong and Australia are very close,” Mrs Lam said. Speaking to the 300 plus guests who were gathered to celebrate the chamber’s 30th anniversary, she said: “AustCham is the second largest amongst almost 30 international chambers with a total corporate membership of 1400 members with 600 companies who in turn employ or a 100,000 people so it is a very strong and important force in Hong Kong’s economy.
While Australia and Hong Kong enjoy close economic ties, Mrs Lam said it was the people to people links that also gave the relationship deeper meaning.
Keynote speaker The Federal Leader of the Opposition, Mr Bill Shorten told the gathering of the need for Australia to forge closer ties with Asia.
“We see Asia as central to Australia’s future,” Mr Shorten said outlining the Opposition’s FutureAsia strategy. “It’s a plan built on three pillars: better Asia-relevant capabilities in Australia, growing and diversifying trade in the region and it’s about increasing regional collaboration.
“I have no doubt that the more that we can work with AustCham and the more that we can work with the people in this room then not only Hong Kong’s future is bright but Australia’s future is bright as well,” Mr Shorten told the gathering at the Island Shangri-la on Friday, October 27. The gala dinner was sponsored by ANZ, together with CLP and Cheung Kong Infrastructure.
New AustCham Chairman Andrew Macintosh told the audience of the importance of the chamber in facilitating two-way trade and investment.“No longer is the chamber only about supporting Australian businesses in Hong Kong; today AustCham is also about supporting Hong Kong – and other regional investors – who are providing much needed capital and investment into Australia”.
Hong Kong is Australia’s fifth largest investor into Australia, at about AUD$100billion and is a critical partner through, business, investment, student and important people to people ties.
“And just as we are reflecting on where we have come during the past 30 years, this celebration is also very much about looking to the future,” Mr Macintosh said.
Mr Macintosh announced the establishment of a Greater Bay Committee through collaboration with the Australian Chamber in Southern China together with our Macau-based members.
Mr Macintosh also announced the appointment of former board director Jacinta Reddan as Chief Executive of the chamber. Ms Reddan has been serving as Interim CEO since early August and spent most of her career in Hong Kong.
[From left to right] The Hon Bill Shorten MP; HKSAR Chief Executive The Hon Mrs Carrie LAM CHENG Yuet-ngor, GBM, GBS; AustCham Chairman Andrew Macintosh and Australia’s Consul-General to Hong Kong and Macau, Ms Michaela Browning.
AustCham celebrates 30 years in Hong Kong with members and the business community on Friday 27 October 2017 at the Island Shangri-La Hotel.
A big thank you to our 30th Anniversary Gala Dinner sponsors:
The Australian Chamber of Commerce in Hong Kong and Macau has about 1,400 members. It is the largest international Australian Chamber and the second largest of 28 International Chambers of Commerce in Hong Kong. AustCham aims to promote and represent Australian businesses and values while enabling members to connect, engage and grow bilateral relationships.
Public Affairs and Policy Manager