Japan's top technology solutions provider ITX E-Globaledge Corporation has selected Hong Kong for its regional office to tap the huge market potential on the Mainland.

Operating as ITX E-Globaledge HK & China, the Hong Kong office will oversee business operations on the Mainland, including its representative office in Shanghai.

Acting Associate Director-General of Investment Promotion Simon Tsang said: "We are delighted to see another leading electronics company choosing Hong Kong to set up its regional office. This further strengthens the city's position as the international business hub of Asia.

"Given the benefits of doing business in Hong Kong, we anticipate more foreign companies will set up their regional operations here to access the Mainland and other Asian markets."

At today's opening ceremony, the company's president and chief executive officer Tomoaki Yokoyama said: "China is recognised as the future of the electronics industry, and it is clearly one of our key target markets. The new Hong Kong office will play an important role in our business development in China, especially in the South China region.

"Hong Kong provides us with an excellent environment to grow our business in the region, especially the Mainland. The availability of a pool of local talent with expertise in our IT industry and language capabilities - fluency in Japanese, English and Chinese - also made it more attractive for us to set up an office here. These unique offerings of Hong Kong cannot be matched by other Asian markets."