Published: 3:36pm, 20 Nov 2025Updated: 4:56pm, 20 Nov 2025
Hong Kong authorities will take the lead by setting up a company to drive the development of a new innovation hub near the border, with the base focusing on prototyping, pilot production and small-scale manufacturing as strategic bets for the future.
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Secretary for Innovation, Technology and Industry Sun Dong said on Thursday that the San Tin Technopole would serve as a base for the advanced manufacturing and innovation and technology (I&T) industries, attracting global resources and talent under a market-led approach.
He also said he expected the project to contribute HK$250 billion (US$32 billion) or more to Hong Kong’s GDP annually upon its full operation that is set to take 10 years for the five phases of development, and provide more than 300,000 full-time jobs.
“As a natural extension of the Loop, the new I&T land in the San Tin area can integrate with the comprehensive industry supply chains in the mainland cities of the Guangdong-Hong Kong-Macau Greater Bay Area,” Sun said.
“It can also take up the transformation and industrialisation of research outcomes derived from the Hong Kong park.”
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He pointed to the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone in the Lok Ma Chau Loop, which emphasises research and development (R&D).