Hetao Hong Kong Park will officially open next Monday, attracting over 60 domestic and foreign companies and institutions to sign up to settle in.

On December 20, the Secretary for Innovation and Technology of Hong Kong, Sun Dong, announced in a blog post that on December 22, the He Tao Deep Bay Science and Technology Innovation Cooperation Zone Hong Kong Park (He Tao Hong Kong Park) will officially open. The market has responded positively to the development of the He Tao Hong Kong Park, with over 60 companies and institutions from home and abroad in the fields of life and health technology, microelectronics, new energy, and artificial intelligence having signed leases with the park and gradually moving in. Sun Dong stated that the Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu, will officiate the opening ceremony of the Hong Kong-Shenzhen Innovation and Technology Park on the afternoon of December 22. Sun Dong emphasized that the opening of the He Tao Hong Kong Park is an important achievement in the final year of the "Fourteenth Five-Year Plan" of the country. The first phase of the park, consisting of three buildings including two wet laboratory buildings and a talent apartment, has been completed, with the government also speeding up the construction of the remaining five buildings, aiming to complete them by 2027, in order to accelerate the development of the park through a "construction while moving in" mode. Sun Dong stressed that the opening of the He Tao Hong Kong Park is just the first step, and the real test will follow. He revealed that, based on preliminary estimates, the development cost of completing the construction of the remaining Hong Kong Park is at least HK$200 billion, and it will be difficult to sustain with government investment alone. Therefore, creating an attractive business environment and mechanism in the park, and guiding more social capital to participate in construction and development, has become an important challenge. Sun Dong also pointed out that the He Tao Hong Kong Park is a "special zone in the special zone," the best place for experimentation and reform. The synergistic development of the He Tao Hong Kong Park with the New Tianjin Technology City will make the development pattern of "southern finance, northern innovation and technology" in Hong Kong clearer. According to the development outline of the He Tao Hong Kong Park, the first phase of the park will be completed in an orderly manner by 2030, and the overall development pattern will be formed by 2035, with a flourishing overall innovation and technology ecosystem.