HKSTP helps mainland and local companies alike foray into Southeast Asia markets and overcome regulatory hurdles
Hong Kong’s ambitions to develop into an international green technology hub were in focus this week as its main innovation park marked the first anniversary of the GreenTech Hub, which has supported more than 20 companies in overcoming regulatory hurdles and expanding into Southeast Asia.
The milestone was marked at the “Green is Action” showcase held on March 24 at the Innocentre, where Hong Kong Science and Technology Parks Corporation (HKSTP) showcased green technologies and connected local and non-local tech firms, industry partners and investors.
Continued backing for GreenTech ecosystem
Professor Sun Dong, Secretary for Innovation, Technology and Industry, said the government would continue investing in infrastructure and strategic sectors to strengthen the city’s innovation ecosystem.
“The anniversary of the GreenTech Hub is just the beginning,” said Sun. “In collaboration with our three major I&T parks, the government will continue to invest in I&T infrastructure and foster the development of strategic industries.”
He said the hub had already attracted world-class research while enabling home-grown, green technologies to reach international markets.
Accompanied by Dr Sunny Chai (left), Chairman of HKSTP, Terry Wong (2nd from right), CEO of HKSTP, Howard Lee (3rd from right), Associate Director of GreenTech of HKSTP, introduces four showcasing firms to Professor Sun Dong (centre), Secretary for Innovation, Technology and Industry.
Mainland firm looks outward as domestic growth slows
Lihe Technology, which specialises in environmental monitoring, water management and industrial automation, has used the hub to expand into new markets as growth slows at home.
“We have noticed that several Southeast Asian countries, such as Thailand, as well as markets like India, are facing challenges related to the environment and water quality,” said Simon Huang, Project Manager at the firm.
“The hub connected us with partners and opened doors we couldn’t access from the mainland alone.”
Hong Kong firm leverages hub network for regional growth
Aurabeat, a Hong Kong-based firm specialising in energy-saving acoustic air filtration systems, is also leveraging the hub as a springboard for regional growth. The company says its patented technology has been applied in projects including the MTR and Singapore’s Marina Bay Financial Centre.
Tony Lam, Head of Sales at Aurabeat Technology, said the hub’s network had been key to identifying regional opportunities. He said: “Through HKSTP, we have been able to connect with partners and customers across Southeast Asia, leveraging Hong Kong’s role as a super-connector.”
Lihe Technology: a fully automated, AI-powered water quality monitoring system.
Aurabeat: an award-winning, energy-saving sonic air purification technology.
Drone firm overcomes testing constraints
Harmony SkyTech, a Mainland-based drone technology company, specializing in drone systems, services, and industrial application solutions. The company is advancing its innovations with the support of HKSTP, which provides the space and infrastructure needed to develop its electric vertical take-off and landing fixed-wing drone.
Simon Cheung, General Manager, said HKSTP provided access to facilities for development, enabling the company to refine its technology for a wide range of applications, including power grid inspection, oil and gas pipeline inspection, surveying and mapping, logistics, and the transport of critical supplies—underscoring the immense potential of green low-altitude technologies.
Harmony SkyTech: an electric vertical take-off and landing fixed-wing drone.
Ecosystem expands as HKSTP strengthens green innovation efforts
Since its launch, the GreenTech Hub has expanded its partner network from 16 to 20 public and private organisations and hosted more than 360 business matching and over 100 greentech events. It now supports more than 230 companies across new energy, green building and smart city solutions.
HKSTP plans to publish its first research paper on Hong Kong’s green technology ecosystem and energy storage later this year, as it seeks to deepen expertise in areas such as battery technology and carbon trading.