MOVES by Britain to deregulate the telecommunications industry are expected to attract more Hong Kong investors, says an investment promotion official.
Andrew Fraser, chief executive of Invest in Britain Bureau (IBB), a body under Britain's Department of Trade, said telecommunication companies, already large investors in Britain, were expected to further increase their investments.
'They [the investors] are searching for high-technology expertise,' he said, adding that he was optimistic that this trend would continue.
The IBB urged Hong Kong investors to invest in Northern Ireland where the workforce was cheaper compared with other European countries.
IBB said the British Government took a 'very positive attitude' to attract investors to invest in developing areas.
'Northern Ireland must be the first priority for market investment,' Mr Fraser said.
