Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

HKSTP and ASTRI Welcome Hong Kong Budget 2022-2023

Hong Kong Science and Technology Parks Corporation (HKSTP) welcomed the 2022-2023 Budget announced by the Financial Secretary recently, which furthers the Hong Kong government’s commitment to promote innovation and technology (I&T) development in Hong Kong and foster a diversified economy amid epidemic.

HKSTP will fully align resources and support the government’s initiatives, as well as collaborate with partners across government, industry, academic and research sectors. Endeavouring to enhance the vibrant I&T ecosystem in the city and the Greater Bay Area (GBA), HKSTP strives to make I&T the new economic engine for Hong Kong.

Promoting I&T Investment to Nurture Tech Ventures

HKSTO was pleased to see the Government’s injection of HK$5 billion into the newly established Strategic Tech Fund as part of the Hong Kong Growth Portfolio under the Future Fund, which further supports expanding enterprises with considerable development potential.

Supporting Life and Health Scientific R&D to Drive Industry Growth

Placing a strategic focus on biomedical technology, HKSTP will fully support the Government’s allocation of HK$10 billion to provide long-term and comprehensive support to the development and commercialisation of life and health technology in the city.

Driving Re-industrialisation and Supporting Cross-industry Digital Transformation 

HKSTP strives to strengthen data-driven R&D capabilities, including the launch of the STP Platform, the first all-in-one validation platform in Hong Kong. HKSTP welcomed the establishment of the Digital Economy Development Committee to promote digital-driven, high-quality economic development across different industries. HKSTP will work alongside the Government’s initiative to drive re-industrialisation, integrating I&T into industrial development.

Continuing to Enrich the Talent Pool and I&T ecosystem

Hong Kong’s I&T ecosystem is growing rapidly. The Budget referred to the Northern Metropolis initiative, which will provide additional land to support the growth of the city’s I&T sector. This year, HKSTP will launch the Shenzhen Branch of Hong Kong Science Park to support GBA tech ventures to go global and attract foreign investment.

As one of Hong Kong’s I&T flagships, HKSTP will continue to make good use of the resources to further develop the city’s I&T industry, enrich the I&T ecosystem and capitalise upon the opportunities presented by the Government policies and the National 14th Five-Year Plan.

Meanwhile, the Applied Science and Technology Research Institute (ASTRI) also welcomed the various initiatives proposed in the Budget. ASTRI will continue to render its full support to the government in developing the Greater Bay Area (GBA) into an international innovation and technology hub.

The Chairman of ASTRI stated that the government continues to invest heavily in I&T, including setting up a HK$5 billion “Strategic Tech Fund”, increasing funding for Hong Kong Branches of Chinese National Engineering Research Centres and State Key Laboratories, and facilitating technology adoption. These initiatives will vigorously promote the development of I&T. We are most encouraged by this and will continue to contribute to Hong Kong and the country through our excellent R&D work.

The Chief Executive Officer of ASTRI stated that ASTRI’s National Engineering Research Centre for Application-Specific Integrated Circuit System (Hong Kong Branch) is committed to R&D in integrated circuits and third-generation semiconductor technologies, which they connect with ecosystem players in the GBA to jointly advance energy-saving technologies, among others.

The ASTRI CEO also earlier announced several plans to expand ASTRI’s development in the GBA, including developing more R&D projects in the GBA, cooperating with local universities and research institutes in the GBA, attracting and cultivating talent, and developing more R&D resources. In the first stage, priority will be given to R&D projects in integrated circuits and communications technology, and subsequently to projects in IoT and Sensors, FinTech, artificial intelligence and big data.

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.

PARTNER

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.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

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.