Amazon cloud’s latest collaboration with Hong Kong Science Park seen as vote of confidence in city’s role as regional tech hub
- The new collaboration comes as the Hong Kong government is doubling down on efforts to make city a magnet for global tech entrepreneurs
- HKSTP said it has so far attracted more than 1,000 tech companies and 500 start-ups to move onto its campus
Amazon Web Services (AWS), the US-based cloud computing giant, has entered into a new strategic collaboration with Hong Kong Science Park in a move seen as a vote of confidence in the city’s role as a regional tech hub.
On Monday, AWS announced a strategic partnership with operator Hong Kong Science and Technology Parks Corp (HKSTP) to nurture local tech professionals and help start-ups in fields such as biotechnology, artificial intelligence (AI) and software-as-a-service.
The new collaboration comes as the Hong Kong government is doubling down on efforts to make the city a magnet for global tech entrepreneurs and professionals, even though the city’s strict Covid-19 travel restrictions are impeding that ambition.
AWS first began working with HKSTP in 2014 to help local start-ups in the cloud business sector.
“AWS is committed to supporting the digital transformation of enterprises of all scales in Hong Kong,” said Robert Wang, AWS managing director for Hong Kong and Taiwan. “We are pleased to deepen our relationship with HKSTP and jointly address the various challenges the city faces in terms of talent, innovation, and technology commercialisation.”
HKSTP chief executive Albert Wong said: “This partnership combines the scale and technology expertise of AWS … as well as HKSTP’s R&D, incubation and commercialisation capabilities accumulated over the past 20 years, to accelerate the development of Hong Kong’s I&T ecosystem while firmly establishing the city’s status as a global innovation hub.”
HKSTP has so far attracted more than 1,000 tech companies and 500 start-ups to move onto its campus, according to the group’s chairman Sunny Chai Ngai-chiu.
Hong Kong has its own distinctive advantages in attracting foreign companies, such as the low tax rate and business-friendly policies, and the collaboration with AWS can provide a more supportive and vibrant environment, according to Crystal Fok, head of STP platform at HKSTP.