Hong Kong’s chief secretary Carrie Lam and Shenzhen’s vice mayor Ai Xuefeng signed a memorandum of understanding for the 87ha Hong Kong/Shenzhen Innovation & Technology Park. It will be the largest innovation and technology platform ever set up in Hong Kong, said Hong Kong’s chief executive CY Leung.
The park is intended to be a key base for co-operation between Hong Kong and the mainland in innovation and technology research. The aim is for it to attract top businesses, research institutions and higher education institutes from Hong Kong, the mainland and overseas.
The Hong Kong government will build the park's basic infrastructure. Hong Kong Science & Technology Parks Corporation will set up a subsidiary company to build the superstructure and operate the park.
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