25 Oct 2023

HKSTP Supports Policy Address to Propel “New Industrialisation” and Attract International Talent to Hong Kong

Hong Kong Science and Technology Parks Corporation (HKSTP) welcomes the latest initiatives outlined in the 2023 Policy Address to bolster Hong Kong’s edge in innovation and technology (I&T).

Key Takeaways

  • HKSTP welcomes the dedicated initiatives in the Policy Address that will attract world-leading enterprises and talent to Hong Kong, reinforcing the city’s role as the International I&T hub.
  • HKSTP fully supports the New Industrialisation Development Office with an aim of attracting more high-tech and advanced manufacturing enterprises settling in Hong Kong, creating more job opportunities for the young generation.
  • It is encouraging to see Hong Kong to establish a third InnoHK cluster focusing on advanced manufacturing, materials, energy and sustainable development. The two existing InnoHK research clusters have successfully attracted 28 laboratories, bringing together local universities, renowned international universities and research institutes to set up R&D operations in the Science Park.