Gov't ties up with 20 enterprises to boost HK’s I&T ecosystem

The partnership will create about 10,000 jobs in the coming years.

The Office for Attracting Strategic Enterprises (OASES) welcomed 20 new strategic partners from the Mainland.

The partnerships will promote the development of Hong Kong’s innovation and technology (I&T) ecosystem.

A number of these enterprises will settle in Hong Kong shortly, whilst the rest have already settled and are ready to expand their businesses in the city. Majority of them will set up research and development centres and regional business headquarters in Hong Kong.

OASES will provide services to these enterprises and follow up on their development situation in Hong Kong and their specific needs.

In the coming years, the strategic enterprises will invest a total of more than $30b in Hong Kong and create about 10,000 jobs, with positions mostly in scientific research and management departments.

More than 200 representatives from strategic enterprises,  local and foreign chambers of commerce, research institutions, government bureaus and departments and public organisations attended the launch ceremony.

Since its establishment in 2022, OASES has met representatives from over 200 enterprises. The figure is expected to increase to nearly 300 enterprises by the end of 2023.