RICS and HKIS sign landmark agreement

Hong Kong professionals to reap
rewards of credential-sharing collaboration for surveyors

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HONG KONG, CHINA
- Media OutReach - November 30, 2018 - A landmark agreement will see land surveyors accredited by both RICS (Royal Institution of Chartered
Surveyors) and HKIS (The Hong Kong
Institute of Surveyors) enjoy mutual recognition and benefits, in a joint bid
to better prepare the profession for future opportunities.

 

Members of RICS chartered
through a Geomatics pathway (Chartered Land Surveyors) and the Land Surveying
Division of HKIS will be encouraged to collaborate and share innovations under
the deal, which will see credentials and know-how aligned between professionals
from both organisations.

 

The new agreement follows
an earlier partnership signed between RICS and HKIS in March, which secured
mutual recognition of valuation surveyors. Both agreements serve to help Hong
Kong’s surveyors better prepare themselves for the growing opportunities
presented by the ongoing Greater Bay Area development, which has created an
unprecedented demand for construction and surveying professionals.

 

The arrangement also allows
Hong Kong’s class of surveyors to capture opportunities presented further afield
by China’s historic round Belt and Road Initiative, as well tap into the wider
global market, and gain access to the leading knowledge pool possessed by RICS
and HKIS.

 

Clare Chiu, chief operating officer of RICS HK,
Taiwan and Macau, said:
“This mutual recognition agreement comes at a timely moment from which the
entire region stands to benefit, and it is only right we do all we can to
ensure all of Hong Kong’s surveyors are best equipped to contribute — at the
benefit of both the city and the Greater Bay Area. RICS has long championed the
advance and advantages of inter-organisation collaboration, and this landmark
agreement represents a meaningful opportunity to serve our ongoing goal of
promoting innovation and teamwork, in harmony with HKIS members.”

 

HKIS President Sr Dick Kwok added: “By sharing qualifications, we
fortify the credentials of Hong Kong’s ranks of talented surveyors, allowing
them to compete regionally and internationally at this dynamic time of growth
and opportunity in the Greater China area. We look forward to collaborating
further with our friends at RICS, and continuing our valued role in upholding
standards in the industry.”

 

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. Their expertise 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.

 

Photo caption (Please click here to download):

RICS and HKIS
signed mutual recognition agreement of land surveyors

(L) Sean
Tompkins, Chief Executive of RICS

(R) Sr Dick
Kwok, President of the HKIS

 

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
19 October 2018, the number of members reached 10,217 including 6,782 Corporate
Members consisting Fellows and Members — distinguished by the initials FHKIS
and MHKIS; 77
Associate Members — distinguished by the initials AMHKIS; and 3,358 probationers
and student 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. We are working on amendments to standard forms of
building contract and have issued guidance notes on floor area measurement
methods.

 

For more details, please refer to HKIS website: http://www.hkis.org.hk

Facebook: https://www.facebook.com/hkisofficial