Basecamps for reindustrialisation
Reindustrialisation is gaining momentum in Hong Kong with government’s policy and funding support encouraging manufacturers to set up smart production lines in Hong Kong. The initiative aims to promote the development of intelligent and high value-added manufacturing industries in Hong Kong in order to generate greater business opportunities to empower the future development of the society and economy of Hong Kong.
The Corporation’s three Industrial Estates, in Tai Po, Tseung Kwan O and Yuen Long, play host to a myriad of local, regional and international companies whose core businesses are manufacturing, data centres, pharmaceutical processing, recycling and media services.
HKSTP’s goal is to facilitate technologically advanced manufacturing operations and help them flourish in Hong Kong. At the Industrial Estates, the facilities supporting smart production will include the Precision Manufacturing Centre at Tai Po Industrial Estate and the Advanced Manufacturing Centre at Tseung Kwan O Industrial Estate.
New Mandates for reindustrialisation
With a view to enhancing the value chain of the innovation and technology (I&T) industries in Hong Kong, HKSTP has implemented a revamped IE Programme (IE2.0) to promote re-industrialisation for smart production and high value-added industries to be established in Hong Kong.
Under the new IE2.0, the key mandate of HKSTP would be to utilise the land in our IEs more efficiently to support Science, Innovation and Technology (SIT) based industries which are vital to the sustained growth of our economy.
- Pharmaceutical, healthcare and biomedical
- Electronics and optical
- Precision engineering and assembly
- Specialised manufacturing / Advanced materials
- Information, communications and telecommunications
The Industrial Estates Community