Office for Attracting Strategic Enterprises (OASES) is one of the new initiatives of the Hong Kong Government to attract enterprises and investments more proactively and aggressively with a view to enhancing the city's competitiveness and speeding up industry development.
OASES is tasked with attracting representative and high-potential strategic enterprises from around the globe. The office will:
• target industries of strategic importance to Hong Kong, including life and health technology, artificial intelligence and data science, financial technology, advanced manufacturing, new materials and new-energy technology, draw up a list of target enterprises, reach out to them proactively and carry out negotiations;
• formulate attractive special facilitation measures covering such aspects as land, financing, tax and investment, and provide tailor-made plans to facilitate the setting up of the operations of enterprises in Hong Kong; and
• provide employees of target enterprises with one-stop facilitation services in areas such as visa application and education arrangements for their children.
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