Hong Kong Industry Tenders

Hong Kong's industry sector is a crucial driver of the economy, accounting for approximately 26% of GDP and employing over 20% of the workforce. The sector is characterized by its focus on high-value-added and export-oriented industries, including manufacturing, electronics, financial services, and tourism. Hong Kong has a long-standing reputation as a global center for trade and finance, and its industrial sector plays a vital role in maintaining the city's competitiveness and prosperity.

Hong Kong Industry Government Procurement
The Hong Kong government is a significant procurer of goods and services from the industry sector, spending approximately HK$400 billion annually. Government procurement plays a crucial role in supporting industrial growth, fostering innovation, and promoting economic development. The procurement process emphasizes transparency, fairness, and value for money.

The Hong Kong government procures a diverse range of industry products and services, including:
Manufacturing: Machinery, equipment, components, raw materials, Electronics: Computers, telecommunications equipment, electronic components, Financial services: Accounting, auditing, investment banking, financial advisory services, Tourism: Hospitality, accommodation, transportation services, Infrastructure: Construction materials, engineering services.

The following authorities oversee industry procurement in Hong Kong:
Government Logistics Department (GLD): Establishes overall procurement policies and strategies
Central Tendering Committee (CTC): Manages centralized procurement for government agencies
Government Procurement Service (GPS): Provides procurement support and advice to government agencies

Major companies that have secured substantial industry procurement contracts from the Hong Kong government include:
Hang Seng Bank: Leading provider of banking and financial services in Hong Kong
Jardine Matheson: Diversified multinational conglomerate with interests in trading, transportation, property, and hospitality
Swire Pacific: Multinational conglomerate with interests in aviation, trading, property, and beverages
Hutchison Whampoa: Diversified multinational conglomerate with interests in ports, telecommunications, property, and energy
Chow Tai Fook: Renowned jewelry retailer with a global presence.

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