Tapping into tech and talent

This is the fourth in a series of factsheets about Hong Kong’s first five-year plan and 2026 policy address. Part I – Hong Kong’s new chapter Part II – The story begins... Part III – Sharpening the city’s edge Part IV – Tapping into tech and talent The series has been produced with support from the Hong Kong SAR government. To see the South China Morning Post’s coverage of the five-year plan, click here. This Factsheet will appear in the SCMP print edition on October 20. You can find it... [Image text:] TAPPINGINTOTECHANDTALENT In its first five-year plan, Hong Kong aims to become a global technology and innovation centre by developing tech parks and promoting new industrialisation.A key strategy is to attract highly skilled talent who see the city as a welcoming home. International innovation and technology centre Hong Kong will push full steam ahead with three major tech parks-including the new San Tin Technopole in the Northern Metropolis- to become a regional innovation hub It also has an anticipatory target of nearly doubling expenditure on innovation to 3 per cent of GDP after 2030. /land area Site Loop Hong Kong Park 87 hectares San Tin Technopole Focus:prototyping,pilot production and mass production 626 hectares Hong Kong Science Park Focus:hard and core technologysuch as life and health, advanced manufacturing and enterprise incubation 22hectares San Tin I&T area 210 hectares Telenthuh