Content

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The World Bank Group (WBG) is an international organisation with the commitment to reducing poverty, increasing shared prosperity, and promoting sustainable growth and development. One of its key work areas is to conduct research projects to analyse and assess various aspects of economic development of economies in the globe, including business environment. In 2022, the WBG announced the B-READY project to capture the reality of business environment of the economies worldwide for private sector development and provide policy makers with insights into potential areas of reform. WBG will collect data through expert consultations and firm-level surveys. Expert consultations refer to the collection of de jure and de facto data from experts who regularly deal with the relevant legal arrangements, public services, and institutions providing those services. Firm-level surveys refer to the collection of de facto data from top managers and business owners of firms drawn from a representative sampling frame of operating establishments in an economy. The data collection exercise takes place from February to November 2023 as Hong Kong is one of the economies to be included in the first edition of the report to be published in April 2024. Since the report findings will have a direct bearing on Hong Kong’s image as the ideal place for business and investment, trades’ feedback is of paramount importance. Efficiency Office (EffO), Innovation, Technology and Industry Bureau, HKSARG sincerely appeals to the trades and experts to participate in the data collection exercise of the B-READY project if invited by the WBG.

Website

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B-READY project official website：https://www.worldbank.org/en/businessready
EffO’s theme webpage：https://www.effo.gov.hk/en/our-work/
business-facilitation/business-ready

Enquiry

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EffO’s Tel：2165 7371 Email：bft@effo.gov.hk