Why Lam is confident that HK will become an innovation and technology hub
The Lam emphasised the government's $130b various projects for I&T development.
Chief Executive Carrie Lam expressed confidence that Hong Kong will eventually become an international innovation and technology (I&T) hub, as she bared anew the government's past and future plans on developing the sector.
Amongst these efforts was the launching of the first-ever City I&T Grand Challenge, whose award presentation ceremony was attended by Lam.
The challenge, organised by the Innovation and Technology Commission with the Hong Kong Science and Technology Parks Corporation, was participated by over 1,250 local and non-local innovators who developed I&T solutions on environmental sustainability and social connectivity.
Lam, in her remarks, also noted other government initiatives to develop I&T including the adoption of the eight-pronged approach in the past four years, allocating $130 billion for various projects.
Becoming an international I&T hub would complement HK’s position as a global financial centre, Lam said.
In her policy address, the Chief Executive mentioned I&T projects such as the additional 150 hectares of land in the Northern Metropolis plan for I&T use, development of the San Tin Technopole and establishment of the InnoLife Healthtech Hub.