The Hong Kong Science and Technology Parks Corporation (HKSTP) is debuting at Saudi Arabia’s 8th Future Investment Initiative (FII8) with 25 Park companies specializing in green tech, biotech, AI, and robotics. This delegation, led by Hong Kong’s Financial Secretary Paul Chan, aims to foster innovation and technology (I&T) collaborations between Hong Kong and the Middle East, opening avenues for investment and business expansion.
FII, held in Riyadh from October 29-31, 2024, gathers global leaders, investors, and entrepreneurs to discuss investment for a more sustainable future under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow.” The Middle East, as a gateway connecting Europe, Asia, and Africa, offers Hong Kong’s tech ventures a strategic partner in a region with rising demand for innovative solutions.
Albert Wong, CEO of HKSTP, highlights the synergy created by linking Hong Kong’s tech ecosystem with Middle Eastern markets, promoting investment and knowledge exchange across high-demand tech sectors. At FII8, HKSTP will sign collaboration agreements with Middle Eastern partners, while nine companies pitch their solutions in the “Global Startup Showcase.” Archireef, known for its 3D-printed terracotta reef tiles, will compete in FII8’s “Innovators Pitch Competition.”
HKSTP will also host the “Hong Kong Tech Disrupt” reception, with leaders discussing emerging Middle Eastern investment opportunities. Recently, HKSTP’s white paper, “Hong Kong’s Dual Focus on Sustainable Investment and Green Innovation,” underscored Hong Kong’s push for a sustainable finance ecosystem, setting the stage for global I&T success.