COMPETITION FOR REGIONAL HEADQUARTERS HEATS UP FOR PRC
Issue: February 2008
Promulgated: 10 February 2008
Keywords (click to search):
survey
regional headquarters
relocation
Manufacturing companies in Asia-Pacific see Singapore, the PRC and Hong Kong as the best locations for regional headquarters [RHQ], according to a survey by Spire Research and Consulting.
Covering more than 100 global corporations in the Asia-Pacific region, the survey showed that the PRC came a close second to Singapore with 56 votes in comparison to Singapore's 57 for attractiveness as an RHQ location. While Singapore's economic policies, political stability, and lifestyle and leisure make it a first choice for multinational corporations [MNCs], the PRC is considered the most favourable manufacturing site of the future due to its huge domestic market size.
"These findings...
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