The Hong Kong Special Administrative Region authorities unveiled the Conceptual Outline of the Development Plan for the Innovation and Technology Industry within the San Tin Technopole on Nov 20, setting out the positioning, spatial structure and growth mannequin for brand spanking new innovation and know-how land within the space. The blueprint supplies a transparent technique for the town’s future.

Under the plan, the brand new innovation and know-how land parcels can be divided into three hubs and three business corridors. Given the huge scale of San Tin Technopole, the federal government expects it would take practically a decade to finish land clearance and web site formation. Development will start subsequent 12 months, with 4 of the 5 phases requiring about eight years. The aim is to determine the essential industrial framework inside 10 years.

The authorities has recognized three key roles for San Tin Technopole; particularly, offering area for prototyping, pilot testing and small-scale manufacturing; creating high-quality native innovation and know-how industries; and attracting international assets and expertise. Government officers say the positioning displays in depth session with business stakeholders.

San Tin Technopole will provide giant tracts of land to help the strategic industries outlined within the Hong Kong Innovation and Technology Development Blueprint. These embody life and well being know-how, synthetic intelligence and robotics, microelectronics and sensible gadgets, new supplies, new vitality, and inexperienced know-how. The metropolis will give attention to constructing a complicated manufacturing ecosystem.

The “three hubs, three corridors” structure will comprise the Lok Ma Chau Loop, Chau Tau and Ki Lun hubs, alongside corridors devoted to life and well being know-how, AI and robotics, and microelectronics and superior industries.

Unlike Cyberport and Hong Kong Science Park, which nurture present sectors, San Tin Technopole and the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone are designed to focus on future industries. The Lok Ma Chau Loop will focus on analysis and growth, whereas San Tin Technopole will give attention to turning these outcomes into industrial functions.

Opportunities in international innovation don’t wait. For San Tin Technopole to succeed, its planning and growth must be agile sufficient to keep pace with change

Risks of falling behind

Global innovation industries are evolving at breakneck pace, with shorter life cycles for a lot of applied sciences. Artificial intelligence, particularly, may carry “creative destruction”, and a few analysts have warned of an impending AI bubble. If San Tin Technopole takes a decade to materialize, Hong Kong dangers lacking the chance to align with the central authorities’s push to make the town a world innovation and know-how hub and to drive the Guangdong-Hong Kong-Macao Greater Bay Area financial system.

The writer advocates a broader method: constructing a twin cities particular zone alongside each side of the Shenzhen River, stretching east from the Lok Ma Chau Loop to Lo Wu, Man Kam To, and the Liantang/Heung Yuen Wai boundary crossings. The idea of “dual headquarters and dual enclaves” would leverage the institutional benefits of Hong Kong and Shenzhen.

Three-in-one growth mannequin

The proposed mannequin would use authorities land south of the Shenzhen River, a lot of it already below official management, and a few land inside closed areas. Proximity to boundary services ensures handy highway entry. Development would comply with a “three-in-one” method — planning, funding promotion, and approvals carried out concurrently and iteratively.

This association would permit market info and business must feed straight into planning, making certain land is allotted below situations most useful to Hong Kong’s long-term financial pursuits. With robust authorities backing, procedures might be streamlined as soon as key enterprises decide to settling within the space.

Shenzhen’s Nanshan district provides a precedent: Its speedy progress has been pushed by main gamers comparable to Huawei, Tencent, ZTE, and DJI establishing headquarters there.

To entice related anchor enterprises, Hong Kong must act swiftly. Opportunities in international innovation don’t wait. For San Tin Technopole to succeed, its planning and growth must be agile sufficient to keep pace with change.

 

The writer is chairman of Doctoral Exchange, a Hong Kong-based suppose tank

The views don’t essentially replicate these of China Daily.



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