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Press Releases

Hong Kong-Shenzhen Innovation and Technology Park's Response to the Chief Executive’s 2023 Policy Address

25 October 2023

25 October 2023 – Hong Kong – Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITPL) welcomes the Chief Executive's 2023 Policy Address announced today (25 October), which proposes multiple industry-oriented policies that cultivate the development of the innovation and technology ecosystem in Hong Kong, including the introduction of the Hong Kong Microelectronics Research and Development Institute, the HKD10 billion New Industrialisation Acceleration Scheme and the New Industrialisation Development Office, as well as extensive details on the upcoming development in the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (The Co-operation Zone).

Mr. Vincent Ma, Chief Executive Officer of Hong Kong-Shenzhen Innovation and Technology Park Limited said, “We are delighted to see the Government’s launch of the New Industrialization Acceleration Scheme, which will support I&T enterprises of life and health technologies, AI and data science, advanced manufacturing, and new energy technologies, all of which are core contributors of Hong Kong-Shenzhen Innovation and Technology Park (HSITP), serving as a substantial boost of confidence to strategic enterprises.”

“We are also thrilled by the HKSAR Government’s new policies that encourage further collaborations with the Shenzhen government to propel synergistic developments in The Co-operation Zone, enabling us to leverage the unique advantage of “one zone, two parks” and create a comprehensive industry value chain, which will be instrumental to attract and retain strategic I&T enterprises. HSIPT will continue to dovetail with the HKSAR government to advance synergistic developments with Shenzhen Park,” Mr. Ma continued.

As the one-of-a-kind I&T park conjointly tied to Shenzhen, Hong Kong-Shenzhen Innovation and Technology Park (HSITP) is one of the two I&T parks, along with the Shenzhen Park, in The Co-operation Zone under the "one river, two banks" and "one zone, two parks" vision. With developments underway in full steam ahead, HSITP is proactively inviting top-notch I&T enterprises to set up shop in the park.

 

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