UAE delegation visits Hong Kong Science Park - Middle East News 247
July 13, 2024
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UAE delegation visits Hong Kong Science Park

The Hong Kong Science and Technology Parks Corporation (HKSTP) welcomed an official UAE delegation led by the Minister of Economy, marking a milestone in the Middle East and Hong Kong relations and further deepening the collaboration between the Hong Kong innovation and technology ecosystem with the Middle East.

Al Marri was in Hong Kong to attend the two-day Belt and Road Summit and visited the Science Park as part of his itinerary. The visit follows an earlier delegation in February to the UAE led by Hong Kong Chief Executive John Lee and attended by HKSTP Chairman Dr Sunny Chai.

The accompanying delegation, which includes representatives of the UAE’s private sector, visited InnoHK’s Multi-Scale Medical Robotics Center, as well as the Science Park’s Experience Centre.

They met with senior executives from HKSTP, including Dr Chai and Albert Wong, CEO, to discuss how new doors can be opened for tech ventures and explore mutually beneficial development opportunities.

The delegation met with companies from the Science Park and its alumni network interested in expanding into the UAE.

The companies include Cornerstone Robotics, FJ Dynamics, Floship, FreeD, Lalamove, Meat the Next, Prenetics, Rice Robotics, SenseTime and Smartmore. Selected companies also had separate discussions with Emirati corporations that have expressed interest in potential partnerships.

Dr HL Yiu, Chief Corporate Development Officer at HKSTP, said, “Innovation and technology is relentless. This is why HKSTP is committed to harnessing its resources to build bridges for tech ventures to pave the way to blue ocean opportunities and long-term success. The UAE is a cosmopolitan and digitally progressive market with incredible expansion opportunities.

“At the same time, Hong Kong is an international innovation and finance hub that can help accelerate the journey from start-up to scale-up. I am confident that we will see further opportunities for collaboration and mutually beneficial partnerships.”

Al Marri said, “The Belt and Road is one of the most critical economic development corridors in the world right now and we are humbled that Hong Kong has welcomed the UAE with open arms. As Asia’s global innovation and financial hub, Hong Kong is an attractive destination for tech ventures where they can incubate, thrive and scale.

“At the heart of this is HKSTP, and by connecting Hong Kong’s I&T ecosystem with the UAE’s, it is opening doors to new opportunities between our markets and beyond.”

Last Updated on 4 months by Middle East News 247

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