Pearl River Delta Port Enterprises Will Go To Vietnam And Other Southeast Asian Countries.
The reporter learned from the Hongkong TDC that recently the bureau held a "Hongkong garment and footwear industry Vietnam and Kampuchea inspection mission" to let the Hong Kong businessmen who intend to shift their production base from the Pearl River Delta region to the relocation area.
It is learnt that this is the second time that TDC has organized such inspection activities in less than a year.
Liang Bai, director of the Hongkong economic and Trade Office in Guangdong, said in an interview that at present, there are 6 enterprises in Hong Kong, Macao and Taiwan engaged in processing trade in the Pearl River Delta region. Due to the rising production costs in the Pearl River Delta, 1.73 000 Hongkong enterprises plan to migrate all or part of the Pearl River Delta to other places in the next 3 years, and many other Southeast Asian countries such as Vietnam and Kampuchea will choose.
The Hongkong Federation of industry has conducted a survey of its 3600 manufacturing enterprises members, and predicted the future prospects of Hong Kong businessmen in the Pearl River Delta. The results show that 33.8% enterprises estimate that about 10% to 20% enterprises will be closed down due to cost pressure in the next 2 years. 30.6% enterprises are more pessimistic and expect 20% to 30% enterprises to close down.
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