MSC Cruises granted approval to set up regional HQ in Shanghai

MSC Cruises, one of 30 multinational enterprises to receive certification to establish regional headquarters in Shanghai MSC Cruises, one of 30 multinational enterprises to receive certification to establish regional headquarters in Shanghai

Shanghai has granted approval for 30 multinational enterprises, including MSC Cruises, to establish regional headquarters in the city.

The cruise company was among qualifying companies to be recently presented certification by Shanghai’s mayor Ying Yong.

In 2002, Shanghai issued regulations to encourage the establishment of regional headquarters by multinational corporations in the port city and passed it as official regulations in 2008.

Incentives offered to multinational corporations include the provision of financial support and tax benefits.

By the end of December 2018, Shanghai will have attracted 665 multinational enterprises to set up headquarters in the city.

MSC Splendida sailed out of Shanghai and Yokohama this year, arriving in April, but has now headed back to the Middle East to join MSC Lirica for winter 2018/19.

MSC Bellissima will head to Asia in spring 2020 and be mostly based in Shanghai to serve the Chinese home market. The ship also will offer a number of sailings from Japan.

 

Posted 10 December 2018

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Katherine Si

China Correspondent

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