Cyberport, a digital tech hub and AI accelerator of Hong Kong, and Thailand’s National Science and Technology Development Agency (NSTDA), additionally the management of Thailand Science Park, will improve collaboration in innovation and expertise between Hong Kong and Thailand.
In a launch on Tuesday, Cybersport mentioned it has signed a memorandum of understanding (MoU) with the NSTDA for the collaboration. The settlement builds on preliminary cooperation established in 2024 and units out a framework to help joint initiatives in areas corresponding to synthetic intelligence (AI), sensible metropolis options, and digital applied sciences.
It additionally facilitates market entry for start-ups from each areas by means of ecosystem help, soft-landing packages, and cross-market collaboration, alongside selling information alternate and trade engagement. The settlement can enhance cooperation between the Hong Kong and Thai innovation ecosystems and help the expansion of expertise corporations in each areas.
Under the MoU, each events will help beneficial start-ups in exploring market alternatives, facilitate connections with trade and analysis companions, and encourage participation in incubation packages and joint actions. The settlement additionally consists of plans to set up seminars, boards, and networking occasions, in addition to to discover pilot tasks and expertise demonstrations with trade companions.
According to NSTDA, the partnership can set up mechanisms to assist start-ups broaden internationally, together with help for market entry, trade partnerships, and pilot or proof-of-concept tasks.
NSTDA oversees Thailand Science Park, established in 2002 because the nation’s first and largest science and expertise park. As a part of the collaboration, Thailand Science Park will promote its “TSP Scale X Landing Program” to help worldwide start-ups coming into the Thai market by offering entry to companion networks and analysis infrastructure.