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New I&T Centre Launched at HKSTP

Image Credits: HKSTP, Press Release

An international professional services network’s branch inaugurated its Innovation & Assets Development Center (the Center) at Hong Kong Science Park (the Park). The CEO of the company presided over the opening ceremony, which drew over 100 guests.

Several high-ranking officials attended the opening ceremony of the Innovation & Assets Development Center at Hong Kong Science Park, including the Deputy Financial Secretary of the Government of the Hong Kong Special Administrative Region, the President of the Legislative Council, the Chairman of New Territories Heung Yee Kuk, the Under Secretary for Innovation, Technology, and Industry of the Government of the Hong Kong Special Administrative Region, and the Deputy Director-General of the Department of Administration and Finance of the Liaison Office of the Central People’s Government.

The Innovation & Assets Development Center is located on a complete floor at the Park and serves as a distinctive, digitally-oriented service centre that underlines the firm’s dedication to the Innovation & Technology (I&T) Development Blueprint of the HKSAR Government. This is intended to propel Hong Kong’s growth as a global I&T leader.

The Center will offer unparalleled closeness and availability to the firm’s multidisciplinary model professional services (MDM) and INspire HK integrated value propositions (IVPs) in Digital, M&A, Sustainability, Smart City, and ONEinsurance to over 1,200 technology companies and 12,000+ R&D professionals located at the Park, which is managed by the Hong Kong Science & Technology Parks Corporation (HKSTP). The Centre will allow the company to provide swifter, more direct access to the company’s well-established global collaboration, investor networking, and commercialisation support.

According to the firm, the Digital, Sustainability and Smart City IVPs of their INspire HK program are crucial to the growth of Hong Kong as a worldwide I&T centre – an objective shared by the HKSAR government, HKSTP, and the international professional services network’s Chinese branch.

Considering this, the company intends to invest over HK$200 million in this Centre, which will include I&T initiatives and talent development, and to double its Hong Kong Digital workforce to over 1,000 tech and digital experts by 2025.

The firm has announced the establishment of its inaugural Innovation & Assets Development Center at the Park in Hong Kong, expressing pride in this accomplishment. The Center will aid I&T development in Hong Kong by promoting ecosystem collaboration and will act as a foundation for investment in asset development. The firm hopes to leverage its position as a leading professional services provider to make a meaningful contribution to the advancement of I&T in Hong Kong.

Furthermore, the Centre will expedite impactful innovation and commercialisation by working with strategic alliances and partners. The centre would also support local startups in expanding their businesses in the Greater Bay Area (GBA) and other regions.

The Chairman of HKSTP stated that the addition of such a renowned firm is seen as a testament to the strength of Hong Kong’s burgeoning innovation scene and confirms the city’s ability to attract global tech talent.

Merging HKSTP’s cutting-edge incubation support with the global business network with vast industry expertise creates an impactful collaborative platform that can expedite the digital transformation of industries. This development positions Hong Kong to capitalise on the golden opportunities that I&T presents, as it emerges as a key engine for global economic growth.

The establishment of the Innovation & Assets Development Center will reinforce Hong Kong’s stature as an attractive destination for international I&T companies looking to expand into the Greater Bay Area (GBA) and other markets in Asia.


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