Mubasher: The Abu Dhabi Investment Authority (ADIA) announced, on Thursday, the opening of its office in Hong Kong; the first on-the-ground presence in the territory.

ADIA also announced the appointment of Dong-Sinh Ngo as Chief Representative, Asia Pacific, based in Hong Kong, according to a recent statement.

ADIA Hong Kong will act as a platform for the UAE investment authority to broaden and endorse its relationships network as well as identifying new opportunities in China and other key Asian markets.

The chief representative, Asia Pacific, will support ADIA’s senior investment professionals based in Abu Dhabi, managing a team with responsibility for conducting a broad range of investment-related research and ongoing analysis of Asia Pacific market and economic trends.

“Our decision to open an office in Hong Kong is a symbol of our confidence in Asia’s continued growth and our long-term commitment to the region,” managing director of ADIA Hamed bin Zayed Al Nahyan said.