Updated at 6.30pm: An Australian logistics company would establish its first overseas office in Hong Kong to seize opportunities in the growing Asian market, a spokesman for Invest Hong Kong said on Monday.
OBM International Trade Services, a specialist international trade service firm with more than 70 employees Australia-wide, would open a new subsidiary in Hong Kong, the spokesman said.
Its Hong Kong office would provide import and export freight forwarding, customs brokerage, trade consultancy and project management services for Southern China, he said.
The new subsidiary would be trading under the name OBM International Trade Services Asia.
OBM International Trade Services managing director Mike O?Brien said the company recognised the large growth in imports and exports from Asia, and especially China.
?The opening of our new office in Hong Kong demonstrates our deep commitment to servicing our clients trading in this region,? he said.
Mr O?Brien noted that imports from China to Australia were growing at a rate of over 25 per cent a year, and exports from Australia to China also recorded steady increases.