(MENAFNEditorial) RICS, HKIS enter Mutual Recognition Agreement – Preparing the Profession for Belt and Road and Greater Bay Area initiatives
HONG KONG, CHINA -
The mutual recognition
offers a streamlined application process for professional surveyor membership qualifications,
which will allow surveying professionals to practise globally in markets where
they have local knowledge, and ultimately benefit their portfolio and raise their
membership standing worldwide. Members of the General Practice Division of HKIS and professional members of RICS chartered through a valuation pathway (Chartered Valuation Surveyors) will be recognised by both organisations.
RICS encourages and
promotes the highest global professional qualifications and standards in the development and
management of land, real estate, construction and infrastructure. RICS valuation standards (also known as "Red Book") have been widely adopted around the world. With this mutual recognition arrangement in place, RICS will provide enhanced
quality assurance and credibility in a global marketplace to Hong
Kong professionals working to international valuation
standards.
With the development of
mega-scale infrastructure and
construction projects as a result of the Belt and Road initiative and the Greater Bay Area development, this mutual membership recognition is a
strategic move by RICS and HKIS to bring benefits and career opportunities to their members. Belt and Road and Greater Bay Area developments rely heavily on construction and surveying professionals with globally recognised qualifications.
"This
mutual recognition of partnership with HKIS is an accomplishment
in our 150 years of history and an opportunity to honour the outstanding contributions surveyors have made to the built
environment in Hong Kong," said Mr Clement Lau FRICS, Chair
of RICS Hong Kong Board. "With local and regional demand surging for Asia's surveyors, surveying professionals with dual RICS and
HKIS qualifications will be a top priority for mega-scale projects in the pipeline."
Sr Dick Kwok, President of the HKIS, added "Surveying professionals with dual RICS
and HKIS qualifications would be strong candidates for participating in foreign-aid
projects when Mainland enterprises 'go out' to work with Belt and Road
countries, and also to have more presence internationally. The HKIS will continue
to maintain the standard of the industry and uphold the professional standards,
along with the Institute's influence and success, internationally while playing
a key role in ensuring that its members avail themselves of the opportunities
on offer."
Professional members of RICS and HKIS can approach their respective
organisations for details about applications of membership recognition.
About RICS Confidence through professional standards
RICS promotes and enforces the highest professional
qualifications and standards in the development and management of land, real
estate, construction and infrastructure. Our name promises the consistent
delivery of standards -- bringing confidence to the markets we serve.
We accredit 125,000
professionals and any individual or firm registered with RICS is subject to our
quality assurance. Enhanced quality assurance for valuers and firms is provided
under the RICS Registered Valuer and Regulated Firm Programmes.
The expertise of RICS
professionals covers property, asset valuation, real estate management; the
development of infrastructure; and the management of natural resources, such as
mining, farms and woodland. From environmental assessments and building
controls to negotiating land rights in an emerging economy; if our members are
involved the same professional standards and ethics apply.
We believe that standards
underpin effective markets. With up to seventy per cent of the world's wealth
bound up in land and real estate, our sector is vital to economic development,
helping to support stable, sustainable investment and growth around the globe.
With offices covering the
major political and financial centres of the world, our market presence means
we are ideally placed to influence policy and embed professional standards. We
work at a cross-governmental level, delivering international standards that
will support a safe and vibrant marketplace in land, real estate, construction
and infrastructure, for the benefit of all.
We are proud of our
reputation and work hard to protect it, so clients who work with an RICS
professional can have confidence in the quality and ethics of the services they
receive.
About the Hong Kong Institute of Surveyors Established in 1984, The Hong Kong Institute of Surveyors is the only
surveying professional body incorporated by ordinance in Hong Kong. As of 8 February 2018,
the number of members reached 10,248, of which 6,693 were corporate members. The Institute's work includes
setting standards for professional services and performance, establishing codes
of ethics, determining requirements for admission as professional surveyors, access and award the professional
qualification, and advance members' professional knowledge, technical
and services standards through continuing
professional development.
The Institute has an important consultative role in government policy making
and on issues affecting the profession. We have advised the Government on
issues such as unauthorized building works, building safety campaign, problems
of property management, town planning and development strategies, construction
quality and housing problems.
For more details, please refer to HKIS website: Facebook: https://www.facebook.com/hkisofficial
For media enquiries, please contact: RICS East Asia Public Relations Representatives
Ms Penn Leung / Ms Peggy Mak T: +852 3159 2986 / +852 3159 2982
E: /
The Hong Kong Institute of Surveyors Corporate Communication Manager
Ms Karen Tam T: +852 2526 3679
F: +852 2868 4612 E:
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