Late to the game, Hong Kong’s big splash on tech must pay off

Quick Summary:

Forced now to diversify its economy, Hong Kong is moving forward on giving its industrial base the talent, land and funding that it needs.

Hong Kong had few incentives to invest in technology or selected industrial sectors when its free-market economic model built upon free trade was working well.

More land for tech development could be made available if the government follows the example set by the Airport Authority to take advantage of land from mainland cities in the Greater Bay Area development zone for tech development.

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Article Details

Author / Journalist: Regina Ip

Category: Technology

Markets: Hong KongChinaJapan

Topics: Tech Industrial China Mainland Hong Technology Land Kong Development Kong’s Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-21 @ 09:30:08 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 1018 words

Reading Time: 6 minutes read

Sentences: 40 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21702680

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About SCMP

Main Topics: Technology

Official Website: scmp.com

Update Frequency: 2 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 8 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

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