Hong Kong Science Park says Singapore seeking cooperation, digital solutions
- Singaporean government ‘immediately expressed interest in signing some agreements’ after earlier visit, organisation says
Hong Kong has a more “comprehensive” innovation and technology (I&T) ecosystem than Singapore, with the top management for the city’s science park saying the latter’s government has approached it to seek opportunities for cooperation and digital solutions.
Eric Or, acting chief corporate development officer at the Hong Kong Science and Technology Parks Corporation, which runs a tech hub in Pak Shek Kok, said on Sunday the city had a competitive edge over its regional rival.
“After the Singaporean government visited our science park, they immediately expressed an interest in signing some agreements with us to deepen our cooperation,” Or told a radio programme.
“It has also sought solutions from us for projects involving its Ministry of Home Affairs … we have been talking to [officials] every day, and we are likely to fly there in September for further discussions.”
He said Singapore was “very resourceful” but “might not be as comprehensive” as Hong Kong in terms of its I&T ecosystem.
A global innovation index in 2023 ranked Singapore fifth among 132 economies, while Hong Kong stood at 17th.
Or also discussed the park’s initiative to send five local start-ups to Silicon Valley in the United States in March, saying the move had yielded positive results and the companies had reached deals collectively worth more than US$3 million.