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Innovation and Technology

The corporation also manages three industrial estates in Tai Po, Yuen Long and Tseung Kwan O, which together provide 217 hectares of serviced land for I&T setups. It revised the admission criteria and business mode of the industrial estates in 2015, and will mainly build and manage specialised multistorey, high-efficiency industrial buildings for lease to I&T multi-users in future.

Cyberport

As the city's ICT flagship infrastructure, Cyberport aims to foster the growth of digital technology enterprises and strengthen the overall ICT ecosystem by providing infrastructure and technological know-how. It houses over 800 local, Mainland and overseas ICT companies across 94,700 sq m of office space in four grade A office buildings, with Smart-Space small offices and workstations occupying 12 per cent of the area. Its support programmes help develop local small and medium enterprises (SMEs) and ICT start-ups.

Hong Kong Productivity Council

The Hong Kong Productivity Council aims to enhance business productivity and competitiveness among local enterprises and help them move up the value ladder through the adoption of technologies and high value-added manufacturing processes. It focuses on four areas of the manufacturing and service industries in Hong Kong and the Mainland, namely manufacturing technologies, information technologies, environmental technologies and management systems.

Research and Development Centres

The government has five R&D centres to drive and coordinate applied R&D, and promote the commercialisation of R&D results and technology transfer. They are:

⚫ the Automotive Parts and Accessory Systems R&D Centre,

⚫ the R&D Centre for Information and Communications Technologies under the Hong

Kong Applied Science and Technology Research Institute,

⚫ the Hong Kong Research Institute of Textiles and Apparel,

⚫ the Hong Kong R&D Centre for Logistics and Supply Chain Management Enabling

Technologies, and

⚫ the Nano and Advanced Materials Institute.

Universities

Six universities are designated local public research institutions, namely the City University of Hong Kong, Hong Kong Baptist University, The Chinese University of Hong Kong, The Hong Kong Polytechnic University, The Hong Kong University of Science and Technology and The University of Hong Kong. The government allocates up to $4 million annually to each of these universities to fund the work of their Technology Transfer Offices.

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