(Hong Kong, 7 November 2025) — Hong Kong Science and Technology Parks Corporation (HKSTP) is committed to nurturing technology enterprises and talent, driving development of the local innovation and technology (I&T) ecosystem, while actively assisting Park companies in exploring international markets and leveraging Hong Kong’s role as a bridge in connecting the world and the region. Building on the positive momentum from the Dubai visit, 13 HKSTP companies joined a delegation led by Financial Secretary Paul Chan from October 27 to 31 to visit Riyadh, Saudi Arabia, for the 9th Future Investment Initiative (FII9).
Following HKSTP’s earlier collaboration with the Hong Kong Trade Development Council to lead 22 Hong Kong technology enterprises to two major I&T events in Dubai—GITEX Global and Expand North Star—the delegation visited Riyadh once again to further its efforts in collaborating with the I&T communities in the Middle East. The FII9 brings together global political and business leaders, investors, and innovation pioneers to discuss economic trends and investment opportunities.
Through participation in this prominent conference, Park companies actively promoted Hong Kong’s I&T ecosystem to decision-makers and business leaders in the Middle East, exploring on the potential in technology investment, research and development collaboration, and market expansion. Among them, Park company i2Cool made significant achievement by successfully signing a Memorandum of Understanding (MoU) with MADAR Building Materials Company; while another Park company, Westwell Technology, visited the Middle East last year, shared its latest innovation journey at FII9 this year.
This visit marks a significant milestone for HKSTP and Hong Kong’s I&T sector in establishing closer collaborative ties with the Middle East, expanding the global cooperation network, and inviting a new chapter for Hong Kong’s I&T development.
