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InvestHK to push Hong Kong as creative hub

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The creative industries look set for another big push after InvestHK announced a dedicated unit to help foreign creative firms set up shop in Hong Kong.On its tenth anniversary, InvestHK said it is on track to help 24 new companies from the creative fields launch in Hong Kong by the year's end.Simon Galpin, director general of InvestHK, said currently there were 60 new creative businesses eyeing Hong Kong as a regional hub."We have seen a gradual increase in the number of companies in the creative space, so much so that we structure ourselves around a few priority sectors and we've created a new team to focus exclusively on the creative sectors."Headed by Andrew Davies, associate director general at InvestHK, the creative unit will work closely with CreateHK to boost investments in the creative field."It is phenomenal the amount of activity in the creative sector," Davies said."We are not talking about one or two channels, we're seeing multimedia, publishing, broadcasting and internet-based companies - there is such a variety.The announcement also follows InvestHK's 2,000th client in Hong Kong - the London-based Start Creative. Launched last year, Start is using Hong Kong as one of its creative centres of excellence.Jonathan Cummings, managing director of Start Creative, said Hong Kong offered many "specific and clear advantages" which included Mainland China and said it hoped to employ more than 130 people within years."We see no reason why Hong Kong wouldn't be the same size as London within three to five years. That's based on the opportunities and growth we've seen so far, right across the region."

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