Corporate News

Statement regarding Secure Information Disposal Services Limited (SSID)

20 Sep 2022

We understand there are media reports relating to Mil Mill operating under Secure Information Disposal Services Limited (SSID) in the Yuen Long InnoPark (formerly known as Industrial Estate) .

In 2018, SSID was seeking a site for its operation and the Hong Kong Science and Technology Parks Corporation (HKSTP) invited the company to bid for a ready-to-use building and site in the Yuen Long InnoPark, which would enable them to quickly set up their recycling business. SSID was subsequently awarded the site with a three-year lease. At that time, HKSTP communicated clearly to SSID of the long-term development plan of InnoParks and explained that their occupation of the site would therefore be on a short-term basis only. It has therefore always been the mutual understanding of both HKSTP and SSID that the lease will not be extended after the expiry of the current term.

However, 6 months before the expiry date of the lease in 2021, HKSTP recognised the need for SSID to have more time to find an alternative site to relocate their business and therefore a special arrangement was made to extend the lease for another year to end of December 2022 to support their transition.

We fully understand the challenges that SSID is facing in locating a suitable site to relocate their business. We are also aware that the Environmental Protection Department has offered SSID with a few options to apply for. We will therefore continue our discussion with SSID to offer any assistance we can during this period and explore the possibility of granting an appropriate grace period for them to vacate the current site.

HKSTP is committed to bolstering the development of the entire I&T ecosystem from research to industry and repositioned the city’s three industrial estates to InnoParks to drive technology-led re-industrialisation last year. We have planned meticulously on the land use of InnoParks based on established principles while balancing the interests of different industry sectors. We believe that this significant initiative will bring about a more diversified economy, create new job opportunities and boost Hong Kong’s long-term competitiveness.


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