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Hong Kong Science and Technology Parks Corporation (HKSTP) has unveiled its Advanced Manufacturing Center (AMC), which provides a high-quality, fully-equipped production base for advanced manufacturing and is a base for Hong Kong’s mission to reindustrialize and carry out technology-based projects. growth.

HKSTP has witnessed the continued growth of Hong Kong’s I&T ecosystem in recent years. He nurtured 3 unicorns, which were listed on the Hong Kong Stock Exchange last December. HKSTP is now home to over 1,000 technology companies and a total of 11,000 research professionals, maintaining an overall occupancy rate of 88%. Additionally, the HKSTP Venture Fund continues to grow, with over HK$600 million in assets under management to support the various stages of the startup’s growth journey.

Advanced Manufacturing Center is a state-of-the-art facility that promotes the growth of “innomanufacturing” in Hong Kong and offers a comprehensive I&T ecosystem, from research to industry. Credits: HKTSP, press release

The Fund has invested in 23 technology companies to date, with every HK$1 invested by HKSTP attracting HK$16 in external investment. Over the past four years, companies in the HKSTP fleet have raised over HK$68 billion from 220 investment cases, a testament to the strength and quality of companies in the ecosystem.

HKSTP is committed to providing talent, resources and infrastructural support to I&T enterprises. Located in Tseung Kwan O INNOPARK, AMC is well positioned to fuel Innofacturing growth and accelerate I&T-led reindustrialization. By providing the necessary support to emerging industries while transforming traditional industries, it offers a complete I&T ecosystem, from research to industry.

AMC is a purpose-built, world-class advanced manufacturing base with a ceiling height of 6 meters on each floor and a grid size of 12m x 12m, providing scalable, efficient and logistics-dedicated manufacturing space. With the application of advanced manufacturing and testing processes, AMC embarks on technological innovation, high value-added, low-volume but highly customized production, while providing comprehensive services for logistics, warehousing, clean room space, prototyping, as well as “ProShop” with low volume assembly and production, helping Innofactors quickly turn their innovative ideas into quality products.

The HKSTP Chairman said the park is committed to supporting the development of the entire I&T ecosystem, from research to industry. We have repositioned the three industrial zones of Tai Po, Tseung Kwan O and Yuen Long as INNOPARK, and will continue to work closely with stakeholders from government, industry, academia and research to capitalize on the many opportunities arising. of National 14and Five-year plan.

It is believed that Innofacturing will contribute to Hong Kong’s next era of economic growth, provide Innofacturers with the foundation to realize the vision of innovation, design and manufacturing in Hong Kong, and provide new career opportunities. to young talent.

Meanwhile, the CEO of HKSTP noted that AMC is an advanced manufacturing base equipped with Asia’s first multi-industry, automated and intelligent logistics services, which offers unique support to advanced manufacturing enterprises of all sizes. It is designed to unlock the potential of high-end manufacturing and help Innofactors accelerate their local R&D and production process.

Partnering with a global logistics leader, AMC is Asia’s first multi-industry advanced manufacturing facility integrated with automated and intelligent logistics solutions. It provides the ideal launch pad for industries such as IoT and smart electronics while serving as the innomanufacturing base for various industries including medical products, biomedical devices, and robotic technologies.

AMC already has anchor tenants that are charting a new path to greater innovation and market opportunity.

Tenant CEO says he looks forward to leveraging AMC’s state-of-the-art facilities to efficiently produce world-class, high-quality biomedical products, bringing innovative ideas to life, designed and manufactured in Hong Kong.

The director of another tenant company said that the company had seen its productivity increase tenfold since moving to AMC because it had been able to speed up the process from research to industry, thanks to a wide range of 4IR technologies and automated solutions.

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