HK steps up push to build IT ecosystem

October 07, 2021 08:57
Photo: HKSTP

Chief Executive Carrie Lam wants to develop a more comprehensive innovation and technology ecosystem to enable reindustrialisation to take root in Hong Kong, which is part of the key messages from her Policy Address Wednesday.

To back the initiative, the government is going to provide more land and infrastructure, promote research and development and investment in technology, with planned spending of HK$130 billion over four years.

Some of the details are outlined in the Northern Metropolis Development Strategy.

The proposed upgrading of the Hung Shui Kiu/Ha Tsuen as the New Territories North Modern Services Centre will be expanded to cover Lau Fau Shan.

The Government will also consider plans to build landmark IT facilities with a scale comparable to Cyberport. Expansion of Science Park’s capacity will also be explored.

Lam also believes Hong Kong should leverage it strengths in life and health sciences.

“We have a solid foundation in research and a good number of world-renowned experts, whose achievement have been widely acclaimed.

“Our clinical trial centres are recognised by the National Medical Products Administration, and their data which meet the relevant clinical trial standards are also widely recognised by relevant bodies in the US and the European Union.” Lam cited some of the city’s strengths.

Meanwhile, the IT push is also conceived to combine the strengths of Hong Kong and neighbouring Shenzhen for development of an international IT hub in the bay area.

The Hong Kong-Shenzhen Innovation & Technology Park and the areas around Lok Ma Chau/San Tin will form the San Tin Technopole, where land for I&T-related uses is estimated to be about 240 hectares.

This, together with the Shenzhen Innovation and Technology Zone, will form the Shenzhen-Hong Kong Innovation & Technology Co-operation Zone of approximately 540 hectares.

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