New Partnerships in Advanced Manufacturing Sectors Set to Boost Hong Kong’s Innovative Ecosystem with Investments of HK$14 Billion and 2,200 Job Opportunities

The Hong Kong Science and Technology Parks Corporation (HKSTP) has recently formed partnerships with 11 advanced manufacturing enterprises, which will establish their research and development centers, as well as operation and production bases at the HKSTP’s Science Park and InnoPark. This collaboration is expected to create synergies with local businesses, research institutions, and higher education institutions to drive the development of diversified industrial chains and foster Hong Kong’s innovative and technology ecosystem.

According to Sun Dong, the Secretary for Innovation, Technology, and Industry, these companies – many of which are leaders in their industries – operate in sectors such as biopharmaceuticals, artificial intelligence, robotics and automation, semiconductors, new energy vehicles, and green energy. The total investments from these firms are expected to reach HK$14 billion (US$1.8 billion) and could potentially create more than 2,200 job opportunities.

The 11 firms involved in this partnership are Adaspace Technology, Advanced Isotopes Technology Asia, BeyonCa HK, China State Construction Engineering (Hong Kong), Enpower Greentech, Henan Oriental Materials, Jacobson Pharma, Jiangsu National Chip Intelligence Equipment, Mission Information Technologies