According to a recent press release, a Japanese creative project design company, officially opened a Hong Kong branch in Cyberport.
Cyberport, which is an innovative digital community with 1000 digital tech companies, welcomed the company with open arms. As the company’s aims are in line with Cyberport’s vision to become the main force in developing the digital tech industry as a key economic driver of Hong Kong.
The company offers creative project development and consultancy services to its clients. One of its signature projects is “Knowledge Capital” in Osaka – an innovative hub comprising about 100 companies, universities and research organisations to create new and innovative ideas through the exchange of knowledge.
The company plans, designs, organises and operates various kind of events and international festivals at the Knowledge Capital, according to the CEO.
He noted that the company gained support for its Knowledge Capital project from Hong Kong partners even before its inauguration. It seeks to build on its existing connections as well as explore new business partnerships and opportunities in the fields of technology, art, science and culture through the Hong Kong office.
Hong Kong boasts a strong locational advantage with easy access to other parts of Asia and the world. Having a base here will help us expand the company’s business to Mainland China and other parts of Asia and, in the future, to Europe.
In addition, the company hopes to introduce Japanese cutting-edge technology and various aspects of culture and content to the city and throughout Asia
The Associate Director-General of Investment Promotion, welcomed the opening of the company’s Hong Kong branch noting that it will not only provide companies with other choices for creative project development and consultancy services but also bring and stimulate new concepts and ideas through co-operation with local partners.
It is expected that the creative design company and Cyberport will together help nurture youth, start-ups and entrepreneurs and help them grow in the digital industry through public-private partnerships (PPPs) by connecting them to strategic partners and investors, driving collaboration with local and international business partners to create new opportunities, and accelerating digital adoption amongst corporates and SME.
Since Cyberport focuses on building key clusters of digital technology, namely FinTech, eCommerce, IoT/Wearables and Big Data/AI to foster the development of Hong Kong into a “Smart City”, the branch might make an appearance as a partner on a Smart City project. However, this remains to be seen.
With a committed team of professionals providing all rounded value-added services to support Hong Kong’s digital community and an array of state-of-the-art tech facilities, Cyberport is the flagship for Hong Kong’s digital tech industry.
According to another report, the Government allocated HK$5.5 billion for the development of the fifth phase of Cyberport.
The amount, combined with HK$36 billion set aside for universities to conduct research and development, and add additional facilities essential for such activities, is aimed at boosting innovation and technology development in Hong Kong after the government allocated HK$50 billion last year for the purpose.
According to a government source, Cyberport 5 is expected to attract 100 tech companies and 700 start-ups.
The HK$5.5 billion allocations for Cyberport 5 will serve to attract more quality technology companies and start-ups to set up their offices in Cyberport and provide a pathway for young people to pursue a career in I&T, the Financial Secretary had said.
The chairman of the Hong Kong Cyberport Management Co had welcomed the fresh government funding, saying it will help enhance efforts to develop digital technology, digital transformation and smart living.
The President of the Hong Kong Information Technology Joint Council and a board member of Cyberport said the fifth phase project was necessary to help ease the overcrowding in the complex by offering more space for forums, contests and training classes for the I&T sector.
The administration’s policy initiatives are apparently geared towards attracting foreign talents rather than training local ones. And the setting up of the Japanese company is in line with this aim.
