Ride-hailing giant Uber has offered the Hong Kong government to move its Asia Pacific headquarters to the city if it is allowed to operate here legally.
Revealing the deal on Tuesday during a press conference at its office in Hong Kong, Uber Hong Kong general manager Estyn Chung promised the move would create jobs, bring top-class talent and help create an innovation and engineering hub in the city.
“Uber is ready to move its regional headquarters to Hong Kong … but regulatory certainty is key. It’s time for the government to regulate ride-sharing so we can bring jobs and investment to Hong Kong,” he told the press.
Chung said the government required to provide a regulatory framework that would allow the company to make the move possible.
“It’s simply not possible for any business to make significant investments without regulatory certainty,” he said. “We’re asking the government and community leaders to sit with us and hear our vision and investment plan for Hong Kong, so together we can find a pathway to regulate ride-sharing.”
The Asia-Pacific headquarters of the US-based firm is currently located in Singapore. If the offer is accepted by Hong Kong government, it will relocate it to the city in the next 12 months.
The city is at a time with mounting pressure of political and social unrests as well as the pandemic lockdown. However, Chung said the company was confident of Hong Kong’s economic future as Uber’s business in the city posted a strong rebound, achieving 70 per cent of its pre-Covid-19 figures.
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