MultinationalsonGBASingaporeBusiness

Editor’s Note: The Guangdong-Hong Kong-Macao Greater Bay Area is one of the most dynamics area in China. Its total economic output has grown from 10.8 trillion yuan in 2018 to over 14 trillion yuan last year, achieving one-ninth of China's total with less than 0.6 percent of the country's national territorial area. It is also at the forefront of China's reform and opening-up and technological innovation. Many multinationals are investing in this region and playing a key role in development. To explore their journey in the GBA, we are launching the special coverage "Multinationals on GBA".

“The Greater Bay Area is certainly coming up as an area of increasing focus.” Kok Ping Soon, the Chief Executive Officer of the Singapore Business Federation , expressed that they have to go where business opportunities are, while the GBA seems to be one.

On November 8th, the 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area kicked off in Guangzhou, unveiling the attraction of the Greater Bay Area for foreign investment.

Kok Ping Soonnoted that in January, theywill be leading a business delegation to Hong Kong in the Greater Bay Areato further entrench cooperation between the two cities.