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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.

Cyberport

As the city's ICT flagship infrastructure, Cyberport aims to foster the growth of digital technology enterprises and strengthen the overall development of the ICT ecosystem by providing basic infrastructure and technical know-how. It houses and supports about 1,000 local, Mainland and overseas ICT companies across 94,700 sq m of office area in four grade A office buildings, of which 12 per cent is used for Smart-Space co-working space and workstations. Dedicated programmes are organised to support ICT start-ups, including incubation programmes and the provision of early-stage venture capital funding.

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 by adopting 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 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, Chinese University of Hong Kong, Hong Kong. Polytechnic University, Hong Kong University of Science and Technology and 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.

Hong Kong Council for Testing and Certification

The Hong Kong Council for Testing and Certification advises the government on the overall development strategy of the testing and certification industry. It recommends measures to

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