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Hong Kong Chief Executive’s Policy Address highlights – Part 2

Recently, Hong Kong’s Chief Executive, Carrie Lam, delivered her 2018 Policy Address. The press release issued by the HKSAR Government reflects on the progress of the region and details the next steps that Hong Kong will take regarding technology, digital transformation and other pertinent topics.

Part One of this series can be found here.

The next section of the Policy Address directed attention towards the fact that under the I&T Venture Fund, the I&T Commission entered into an agreement with six investment companies in July and August 2018 to invest, on a matching basis, in local technology start-ups.  The Government has also provided funding of HK$54.9 billion (US$7 billion) and HK$1.56 billion (US$200 million) to the Hong Kong Science Park and Cyberport respectively for enhancing their support for tenants.

Moreover, the infrastructure works of the Hong Kong-Shenzhen I&T Park at the Lok Ma Chau Loop commenced this year in June, with the objective of providing the first batch of land parcels for superstructure development not later than 2021.

It was noted that the Science Park expansion project will be completed one year ahead of schedule in 2019.

A residential building for talent as well as the Data Technology Hub and the Advanced Manufacturing Centre at Tseung Kwan O Industrial Estate will be completed progressively starting from 2020 as scheduled.

An advertising, marketing and PR service company is now reviewing existing legislation and regulations, so as to remove outdated provisions that impede the development of I&T. The firm is currently consulting the relevant sectors and sorting out the scope for the review.

The Chief Executive stated that opening up government data can provide the ingredients needed for technology research.

Last month the HKSAR government firmed up the. The policy requires all government departments to formulate and publish their annual open data plans by the end of this year.

In addition to this, the Hospital Authority (HA) is actively making preparations for a Big Data Analytics Platform, which will allow academic researchers to access HA’s clinical data.  The HA will also provide training for them to facilitate collaborative research projects.

Next, the Chief Executive highlighted that the government will introduce a pro-innovation government procurement policy in April 2019.

By raising the technical weighting in tender assessment, tenders with innovative suggestions will stand a better chance of winning government contracts.

The government will also enhance exchange with the sector and dissemination of procurement information to facilitate the participation of I&T start-ups and small and medium-sized enterprises (SMEs) in government procurement.

In the last point in the section covering Innovation and Technology, the Chief Executive stated that popular science education is important in promoting I&T development. The Education Bureau (EDB) has been promoting Science, Technology, Engineering and Mathematics (STEM) education in primary and secondary schools and will continue to enhance the support for schools in providing students with more learning, exchange and competition opportunities, with a view to unleashing their potentials in science and technology.

She noted that in 2017, the EDB issued a supplementary curriculum document on “Computational Thinking – Coding Education” for use by schools, and started organising intensive training programmes on STEM education for the leadership tier and mid-level administrators of schools.

The STEM Education Centre at Lok Fu, Kowloon Tong, has commenced operation and another organisation plans to set up the first school in Hong Kong with STEM as its main direction of curriculum planning, with the aim of nurturing local students interested in I&T.

The leader then expressed her appreciation for the various organisations that have worked to organise I&T expos, seminars and competitions for students to enhance their interest in science and technology and put what they have learnt into practice.

To promote the use of I&T in addressing livelihood issues and create a fervid I&T atmosphere, the government will allocate HK$3.92 billion ($500 million) for organising an annual “City I&T Grand Challenge” in the next five years.

Invitations will be extended to various sectors to put forward I&T solutions to tackle issues closely related daily life.

In addition to prize money, solutions selected will have the opportunity to be tried out in suitable public organisations for application and refinement.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.