Hong Kong science park’s tie-up with hi-tech firms to boost city’s innovation hub ambitions
- The partnerships with 11 firms in sectors ranging from AI to new energy vehicles will help the city’s efforts to become an innovation and technology hub, minister says
These hi-tech firms will set up their research and development centres, as well as operation and production bases at the HKSTP’s Science Park and InnoPark. Science Park is the city’s start-up hub, while InnoPark is the HKSTP’s large-scale production space to boost technological innovation.
This will generate synergies with local businesses, research and higher education institutions to drive the development of diversified industrial chains and create Hong Kong’s vibrant innovation and technology ecosystem, Sun Dong, the Secretary for Innovation, Technology and Industry, said at a signing ceremony on Friday.
“These outstanding companies have chosen to set up their businesses and expand their advanced manufacturing operations in the city, which is a vote of confidence in Hong Kong’s efforts to build an international innovation and technology hub,” said Sun.
The enterprises, many of which are industry leaders, span sectors such as biopharmaceuticals, artificial intelligence, robotics and automation, semiconductors, new energy vehicles and green energy, said Sun.
The overall investments of these firms will reach HK$14 billion (US$1.8 billion), which could generate more than 2,200 jobs, he added.
