Investors outside Hong Kong were presented with the potential investment opportunities available in two of the city’s major inno-tech engines currently under construction — the Northern Metropolis and the Hong Kong-Shenzhen Innovation and Technology Park in Lok Ma Chau — on the second day of the flagship Hong Kong Belt and Road Summit on Thursday.
Both projects are underway, with construction tenders going smoothly, officials in charge of the two major projects told investors.
A total of HK$50.4 billion ($6.47 billion) has been awarded for 27 ongoing government contracts for Hong Kong’s Northern Metropolis, said Yau Cheuk-hang, director of the Development Bureau’s Northern Metropolis Co-ordination Office.
The megaproject is expected to invite five further tenders worth over HK$2 billion during the coming quarter and into the first half of 2026.
Also actively wooing investors was the Hong Kong-Shenzhen Innovation and Technology Park — or the Hong Kong Park of Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone — a twin-science park jointly built and operated by Hong Kong and Shenzhen.
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The first three buildings, two of which will serve as web labs and the third as a talent dormitory, are ready for operation. Another five buildings — belonging to the first batch of eight buildings in the first phase of the park — will be completed in 2027.
Currently, the park is in close discussions with 30 enterprises, with the first batch of tenants expected to move in before the end of this year.
Gary Ko, associate director (business development) of the Hong Kong-Shenzhen Innovation and Technology Park Ltd, said that batches two and three — the remaining two batches that will complete the park’s phase one – will feature 32 buildings, which are expected to house research and development web labs, commercial and mixed-use hubs, advanced manufacturing factories, as well as an international school and accommodation.
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Also participating in the panel was Cissy Chan Ching-sze, executive director of commercial at Hong Kong International Airport, who described the investment potential in the Airport Authority’s upscale Skytopia plan to transform a site at Chek Lap Kok into an art, gourmet dining, and yacht marina luxury destination.
