A UK-based market leader in discreet automatic pedestrian monitoring systems has made Hong Kong its Asia Pacific headquarters, taking advantage of Hong Kong' s reputation as an international shopping paradise with first class shopping malls.
FootFall Asia Ltd is exploiting the extensive retail industry in Hong Kong to create value for shopping mall operators and enable them to capitalize on good business opportunities.
FootFall's Director for the Asia Pacific region Michael MacMillan said, "Hong Kong has a mature retail industry, smart customers and a tech savvy population, making it the ideal location for our first entry point into the Asia Pacific region. Our Hong Kong office will provide core support and management to FootFall's business in this part of the world and we will export our cutting-edge technology to neighboring cities."
"With its strategic location, Hong Kong is the gateway to emerging retail markets in Asia, the most populous and increasingly affluent region in the world. China is a particularly important emerging market," he said.
The director-general of Hong Kong Investment Promotion Mike Rowse welcomed FootFall's decision to select Hong Kong as their Asia Pacific base, saying that Hong Kong offers tremendous business and investment opportunities.
Rowse added that Hong Kong is an ideal platform for international firms seeking 'first-mover' advantages ahead of China's entry to the World Trade Organization and opening up of its markets.
(People's Daily 07/20/2001)
