PRODUCTION BASE

From Production to Sale: Tapping the Southeast Asian Market

19 January 2022

Hong Kong industrial equipment manufacturer L.K. Machinery International Ltd has built a production chain on the mainland since the 1990s and established nine production bases and R&D centres in the southern, eastern and northern regions. In recent years, as China-US trade friction intensified, the Southeast Asian market emerged rapidly. Chung Yuk Ming, Director of L.K. Machinery, shared the experiences and strategies of the group in expanding into the Southeast Asian market. More

hktdc research

PHILIPPINES: Government Looks To Woo Hong Kong Toy Makers

16 March 2021

The Philippines Department of Trade and Industry (DTI) is actively wooing the Hong Kong toys and games sector with a view to winning new manufacturing contracts. More

hktdc research

Hong Kong Mould Maker Uses GBA as Base to Expand Business Overseas

23 October 2020

Most of Hong Kong’s manufacturers have their production facilities in mainland China or south-east Asia, but many still keep their headquarters in Hong Kong. One such business is Hongrita Mold Ltd. The company’s Executive Director Felix Choi believes Hong Kong’s advantages in finance, logistics and research and development (R&D) can help businesses develop in a sustainable way. More

hktdc research

Innovation and Transformation Crucial for Maintaining Competitiveness

10 September 2020

After years of expansion and transformation, Glorious Sun Group has evolved from a small processing factory into a diversified business group. According to Vice Chairman and General Manager Chun Fan Yeung, the main advantage of Glorious Sun setting up its headquarters in Hong Kong was to make use of the free flow of capital into the territory to tackle market changes and allocate resources when the company undergoes business transformation or expansion. More

hktdc research

Report Suggests COVID-19 Could Lead to Diversification of U.S. Supply Chains Away from Mainland China

23 April 2020

The United States’ dependence on critical manufacturing and global value chains that rely on production based in mainland China could prompt Congress to consider actions that lead to greater burdens on U.S. companies. A recent report from the Congressional Research Service states that while the on-going COVID-19 pandemic is highlighting these challenges with respect to medical supplies and pharmaceuticals, they could also occur with respect to other industries in the future. More

hktdc research

Northern Vietnam: Location and Connectivity Advantages

14 April 2020

There are good reasons why Northern Vietnam now stands out on the radar of global manufacturers looking for alternative production bases to China. In addition to the cost advantages Vietnam possesses as a manufacturing base, the region is close to China. More

hktdc research

Indonesia: Practical Manufacturing Tips

16 March 2020

With a population of more than 260 million, the fourth largest in the world, Indonesia has emerged as an attractive production base thanks to its large pool of low-cost labour and fast-growing consumer market. Hong Kong manufacturers looking to locate here should examine the infrastructure, land and labour costs in different regions when choosing a site their operations. More

hktdc research

Northern Vietnam: A Magnet for Foreign Investment

09 March 2020

Vietnam has become a victim of its own success as manufacturers complain about congested ports and roads, and rising costs for land and labour, particularly in the South. With improving infrastructure and government incentives, Northern Vietnam has become a new magnet for foreign investment, especially for the electronics industry. More

hktdc research

Practical Tips for Manufacturing in Bangladesh

23 September 2019

Given its large pool of low-cost labour and its status as a major beneficiary of GSP schemes, Bangladesh is an ideal location for Hong Kong manufacturers - especially those in labour-intensive industries - looking to diversify their production base. However, despite the cost advantages, manufacturers should not overlook issues regarding labour, logistics and locations. More

hktdc research

Practical Tips for Manufacturing in Cambodia

08 July 2019

Strategically located in the centre of Southeast Asia, Cambodia is one of the practical options as an alternative production base in the region. In recent years, the accelerated infrastructure development and favourable investment regime have boosted foreign investment inflow to the country. Looking ahead, potential investors should be aware of the rising labour costs and the risk of withdrawal of its preferential export access to some developed countries. More

Page of 3