Hong Kong Services Tenders

The Hong Kong services market is a powerhouse, contributing over 90% to the city's GDP. From finance and logistics to IT and professional services, this sector drives economic growth and employs millions. In 2023, the market size reached an impressive HK$6.79 billion, with an expected annual growth of 8.14%.

Hong Kong Services Government Procurement: Fueling Efficiency
The Hong Kong government actively procures services to ensure efficient and effective public service delivery. In 2022, the total government spending on services reached HK$185 billion, covering a wide range of areas like education, healthcare, and infrastructure.

Main Services Products and Services Procured by Hong Kong Government
The Hong Kong government procures a diverse mix of services, including:
Professional services: Legal, accounting, consultancy, and engineering.
IT services: System development, maintenance, and cybersecurity.
Facility management: Building maintenance, cleaning, and security.
Logistics and transportation: Freight forwarding, warehousing, and waste disposal.
Healthcare: Medical services, equipment, and supplies.

Top Authorities for Hong Kong Services Procurement
Several government entities oversee and manage services procurement:
The Government Logistics Department (GLD): Responsible for centralized procurement across various government departments.
The Works Bureau (WB): Handles major infrastructure projects.
The Hospital Authority (HA): Procures medical supplies and services for public hospitals.

Top Winners of Hong Kong Services Procurement
Leading companies frequently win contracts for government services, including:
IT services: Accenture, IBM, and HP.
Professional services: PwC, KPMG, and Deloitte.
Facility management: Jardine Engineering Corporation and Gammon Construction.
Logistics and transportation: DHL, UPS, and FedEx.
Healthcare: Johnson & Johnson, Medtronic, and Abbott Laboratories.

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