Office for Attracting Strategic Enterprises

What Office for Attracting Strategic Enterprises does

The Office for Attracting Strategic Enterprises (OASES) is a government agency under the Hong Kong Special Administrative Region Government, established in October 2022 and commencing full operations on 23 December 2022. Its functional mandate is to attract high-potential strategic enterprises to set up or expand operations in Hong Kong, focusing on five priority verticals: life and health technology, artificial intelligence and data science, financial technology, advanced manufacturing and new energy technology, and cultural and creative industries. The agency delivers a one-stop facilitation model rather than a technology product — its "core technology" is government coordination, encompassing tailor-made packages covering land allocation, tax incentives, financing facilitation, visa processing, education arrangements for employees' children, and introductions to professional networks, consulates, and government departments.

OASES operates through a globally distributed network of 17 dedicated offices across Bangkok, Beijing, Berlin, Brussels, Chengdu, Dubai, Guangzhou, Jakarta, London, New York, San Francisco, Shanghai, Singapore, Sydney, Tokyo, Toronto, and Wuhan, plus its Central, Hong Kong headquarters. The agency also administers a HK$30 billion Co-Investment Fund sourced from the Future Fund, which the government deploys alongside strategic enterprises whose projects demonstrate potential to drive industry development in Hong Kong. As of October 2025, OASES had attracted more than 100 strategic enterprises, with an additional batch of 22 announced in April 2026; named partners include Roche, AstraZeneca, CATL, CertiK, Airwallex, Zhipu AI, Insilico Medicine, Sony AI, Toshiba, Wipro, Xiaohongshu, iFLYTEK, Jiangsu Guofu Hydrogen Energy, Keeta, Chongqing Haifu Medical, MGI, WeBank Technology Services, Gotion High-Tech, HollySys, and others spanning healthcare, fintech, AI, new energy, and advanced manufacturing.

The revenue model is non-commercial: OASES is funded through HKSAR Government budget allocations and does not charge for its facilitation services. Its customer base consists of multinational and Mainland Chinese enterprises it recruits to Hong Kong, rather than paying customers. The go-to-market is direct enterprise engagement via field teams, supported by signing ceremonies, international promotion visits led by the Director-General and Executive Director, a multilingual website (English, Traditional Chinese, Simplified Chinese), and social media presence across Facebook, YouTube, LinkedIn, WeChat, and Xiaohongshu.

Name

Office for Attracting Strategic Enterprises

Legal name

Office for Attracting Strategic Enterprises

Website

https://oases.gov.hk

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

OASES is a Hong Kong SAR Government agency that attracts strategic enterprises to set up operations in Hong Kong by providing one-stop facilitation services — land, tax, financing, visa, and education support — across five priority verticals, backed by a HK$30 billion Co-Investment Fund and a 17-office global network.

Ownership category

akta.pro rank

Product category

Government Investment Facilitation Services

NAICS

Administration of Economic Programs (926), Administration of General Economic Programs (92611)

SIC

International Affairs (9721), Services-Management Consulting Services (8742)

akta.pro primary industry

Economic Growth, Trade & Private Sector Development Programs (BPADABAF)

Keywords

• Investment facilitation services
• Enterprise attraction services
• Government business support
• Strategic enterprise consulting
• Foreign direct investment

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Government Services: OASES provides free facilitation services to strategic enterprises considering Hong Kong as an investment destination. Services include land allocation, tax incentives, financing facilitation, visa processing, education arrangements for employees' children, and connections to professional networks. Revenue is derived from government budget allocations rather than direct monetization of services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Office for Attracting Strategic Enterprises (OASES) is a Hong Kong Special Administrative Region Government office that provides one-stop facilitation services to attract strategic enterprises to establish or expand operations in Hong Kong. Its core offering includes customized facilitation packages covering land allocation, tax incentives, financing facilitation (including a HK$30 billion Co-Investment Fund from the Future Fund), visa processing, and education arrangements for employees' children, delivered through dedicated teams across 17 global offices.

Product overview

OASES (Office for Attracting Strategic Enterprises) is a Hong Kong government agency that provides a comprehensive suite of business facilitation services rather than a software product. The core offering includes evaluation services (strategic guidance, sector-specific advice, relocation support), connection services (networking with business associations and government departments), and schemes & support services (government funding assistance, growth opportunity identification, PR support). The agency also administers a HK$30 billion Co-Investment Fund to attract strategic enterprises. The service focuses on strategic industries including life and health technology, artificial intelligence and data science, financial technology, advanced manufacturing and new energy technology, and cultural and creative industries.

Differentiator

Problem solved

Functional benefit

Products and services

• OASES Strategic Enterprise Facilitation Services
• Evaluation Services
• Connections Services

Quantifiable outcome

• Over 100 strategic enterprises attracted as of October 2025, with new batches of 22 enterprises announced in April 2026
• +3 more outcomes

Named customers23 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and support.

• RochecoreStrategic or Co-development Partner · 10 October 2025Roche announced a strategic collaboration with OASES to strengthen its presence in Hong Kong over a five-year period. Both Pharmaceutical and Diagnostics divisions participate. The partnership covers initiatives spanning diabetes and chronic disease management, ophthalmology innovation, pandemic influenza preparedness, cancer diagnostics, and first-in-human clinical research. Roche initiated First-in-Human clinical trials in 2025, enrolling the world's first two Chinese patients.
• HKAI LabsupportGTM or Marketing PartnerSupporting organization for LEAP East 2026 summit, a major tech event organized by Saudi Arabia's Ministry of Communications and Information Technology, SAFCSP, and event firm Tahaluf. LEAP East positions Hong Kong as a gateway for cross-regional technology and capital exchange between the Middle East and Asia-Pacific.
• FinTech Association of Hong KongsupportGTM or Marketing PartnerSupporting organization for LEAP East 2026 summit alongside HKAI Lab and Alibaba Entrepreneurs Fund. Association represents Hong Kong's fintech ecosystem and supports cross-regional technology exchange events.
• Alibaba Entrepreneurs FundsupportGTM or Marketing PartnerSupporting organization for LEAP East 2026 summit. Venture fund that invests in technology startups and supports the growth of Hong Kong's innovation ecosystem through strategic events and partnerships.
• HKPC (Hong Kong Productivity Council)coreStrategic or Co-development PartnerHKPC launched 'ForeSight 2026' event in partnership with OASES as strategic partner, bringing together over 500 government and business leaders to discuss Hong Kong's role in the national 15th Five-Year Plan. Event focused on helping enterprises achieve innovation-driven development and high-quality international expansion through Hong Kong as 'bridgehead' and 'Super Connector'.
• OASES Strategic Industries PartnerscoreStrategic or Co-development PartnerNetwork of strategic enterprises including those in life and health technology, AI and data science, fintech, advanced manufacturing, new energy technology, and cultural creative industries. These enterprises have signed partnership agreements with OASES to establish or expand operations in Hong Kong, with support from the Co-Investment Fund of HK$30 billion.

Scale indicators4 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• Invest Hong Kong (InvestHK): Another HKSAR Government department under the same administration that directly attracts and facilitates FDI into Hong Kong, with overlapping sector focus and one-stop services — a sibling agency with related (broader, SME-leaning) mandate.
• Singapore Economic Development Board (EDB): Singapore's lead investment promotion agency targeting strategic industries (biotech, AI, advanced manufacturing, fintech); the most direct global comparator and primary competitor for the same multinational enterprises OASES courts.
• Japan External Trade Organization (JETRO): Japanese government-affiliated organisation promoting inward FDI and supporting overseas expansion of Japanese firms; operates a similar global office network model and competes for the same high-value strategic enterprises.
• UK Department for Business and Trade: UK government department with a global investment promotion network (formerly Department for International Trade); directly comparable in offering one-stop facilitation and competing for the same Western multinational cohort.
• Korea Trade-Investment Promotion Agency (KOTRA): South Korean government investment promotion agency with a global network of overseas offices actively recruiting strategic industries investment — a directly comparable agency model and APAC competitor.
• Enterprise Singapore: Singapore government agency promoting enterprise growth and internationalisation; overlaps with OASES' mandate to support overseas expansion and connect local/global firms with capital and partnerships.
• Malaysia Investment Development Authority (MIDA): Malaysian government agency promoting strategic industries investment with tax incentives, one-stop services and dedicated sector teams; comparable in scale and mandate within the regional FDI attraction landscape.
• Thailand Board of Investment (BOI): Thai government agency offering tax incentives and facilitation services to attract strategic industries including EV, biotech, and digital; operates a comparable investment promotion model in the same APAC region.
• Invest in Canada: Canadian government investment promotion agency with global offices offering facilitation services to strategic enterprises; directly comparable agency model and competing for Western multinational FDI.

Regional players

• Dubai FDI (Dubai Department of Economy and Tourism): UAE/Dubai government agency actively courting strategic enterprises in fintech, AI, advanced manufacturing and life sciences with significant tax and visa incentives; OASES explicitly engages Dubai as part of its network, framing it as both competitor and partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@OASESHKSARG
• Facebookfacebook.com/oaseshongkong
• LinkedInlinkedin.com/company/oases-hong-kong

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Office for Attracting Strategic Enterprises