Invest Hong Kong (InvestHK) – the special administrative region government’s investment promotion arm – highlighted the competitive advantages Hong Kong offers energy and technology companies to grow and thrive across Asia and beyond during a recent visit to the United Kingdom.
During the July 13-20 visit, an InvestHK team championed Hong Kong as a premier international green technology hub for UK companies seeking growth and collaboration opportunities in the region, according to a government news release.
Olivia To Pui-wai, senior vice president (Sustainability) for Technology, Innovation and Entrepreneurship at InvestHK, engaged with key stakeholders there to foster two-way business opportunities and deepen cooperation in sustainability and green tech innovation.
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In London, she held extensive discussions with leading UK new energy, new materials and digital companies, as well as UK Research and Innovation, the national funding agency investing in science and research; Sustainable Ventures, a leading green tech hub and ecosystem provider; Generation Investment Management, a sustainable investment management firm; London & Partners, London's business growth and destination agency’ and London GreenCity, a clean technology entrepreneurs accelerator providing prototyping lab and collaborative community.
Speaking at an event titled "Powering Tomorrow: Deep Tech Innovations for a Sustainable Energy Future" in Cambridge, To said Hong Kong's unparalleled status as a global financial powerhouse connects the East and West markets, bolstered by its dynamic green tech ecosystem and visionary government initiatives like the Green Tech Fund, the Innovation and Technology Fund and the Hong Kong Science and Technology Parks Corporation's GreenTech Hub, and positions it as the premier gateway for UK companies to amplify green innovations across Asia.
“This visit underscores our dedication to fostering collaboration in sustainability and green technology between Hong Kong and the UK,” she said.
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The InvestHK official assured of supporting more UK companies in establishing and expanding their presence in Hong Kong, utilizing its robust financial infrastructure to facilitate financing and IPO listings that attract international capital.
The event culminated in the announcement of the 4th TERA-Award Winner receiving a prize of $1 million and a celebratory gala dinner, fostering further global networking and collaboration opportunities.
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Speaking at the event, Executive Chairman of the TERA-Award Alan Chan expressed their keen interest to working closely with InvestHK to further expand promotion of the TERA-Award to the global market and establish a bridge between the international energy contexts.
Chief Innovation Officer from the Cambridge Institute for Sustainability Leadership James Cole, said the collaboration between the UK and Hong Kong economies ignites “our commitment to forge global partnerships that will propel deep tech innovations, fostering a greener and more resilient future”.
“Both Hong Kong and the UK share a strong commitment to driving innovation in green technology. InvestHK's visit has forged a robust foundation for strengthening ties between Hong Kong and British sustainability and green tech companies,” said Laith Anezi, co-founder of London GreenCity.