124 Commerce and Industry
global trade prospect, the ECIC introduced in December 2011 three enhanced measures which include the policy fee waiver for one year, free credit assessment service of three buyers and the shortening of processing time of credit limit applications for $1 million or less.
The Hong Kong Science and Technology Parks Corporation
The Hong Kong Science and Technology Parks Corporation provides one-stop infrastructural support services to technology-based companies. It nurtures start-ups through incubation programmes, provides facilities and services at the Science Park for applied R&D, supports a design cluster in the InnoCentre, as well as offers land in industrial estates for manufacturing and servicing industries.
The 22-hectare Science Park in Sha Tin is the flagship infrastructure that supports the Government's mission to turn Hong Kong into a regional innovation hub. Phases 1 and 2 have been completed and have an occupation rate of close to 90 per cent. Phase 3 will be available for use between early 2014 and 2016. The three phases will provide a total of 330 000 square metres of gross floor area for local and overseas companies to carry out R&D in electronics, information technology and telecommunications, biotechnology, precision engineering and green technology. The corporation manages three industrial estates in Tai Po, Yuen Long and Tseung Kwan O which occupy a total land area of 217 hectares. Serviced land is provided to companies using new or improved technology and processes that cannot operate in multi-storey buildings. The industrial estates have helped broaden Hong Kong's industry base. The corporation will continue to revitalise the industrial estates to meet the challenges and opportunities brought about by economic re-structuring.
The corporation runs incubation programmes for technology and design start- ups. It provides start-up companies with rental, marketing, financial and technical assistance in their critical initial years. Over the years, the number of incubatees and graduates have increased steadily. Some have won local and international technology and managerial awards.
Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) promotes productivity excellence among Hong Kong enterprises by providing them with integrated support across the value chain. The HKPC's focus is on the manufacturing and service industries in Hong Kong and the Pearl River Delta region.
During the year, the HKPC continued to promote productivity excellence through focused endeavours in four areas, namely manufacturing technologies, information technologies, environmental technologies and management systems. The council helps Hong Kong manufacturers move up the value ladder by channelling resources towards the provision of higher technology and better manufacturing processes. The HKPC continues to be a strong promoter of 'green' manufacturing and continually introduces new technology to assist manufacturers in meeting the stringent environmental requirements of Hong Kong, the Mainland and other countries. In addition, the HKPC continues to forge close technological collaboration between Hong Kong and the Mainland to help innovative industries capitalise on
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