Hong Kong (HKSAR) - The Secretary for
Commerce and Economic Development, Mr Gregory So, today (February 20) visited
two tenants in the Yuen Long Industrial Estate to see for himself the latest
operations of the Industrial Estate and its plan of expansion.
Mr So was first briefed by the Chief Executive
Officer of the Hong Kong Science and Technology Parks Corporation (HKSTPC), Mr
E Anthony Tan, on the latest developments of the three industrial estates
managed by the corporation, and the operation of technology enterprises
stationed there. He learnt that the three industrial estates in Tai Po, Yuen
Long and Tseung Kwan O assigned about 8 hectares of land last year to new
enterprises mainly engaged in high-technology business such as advanced food
processing, high-tier data centres and pharmaceutical manufacturing.
Mr So then visited two tenants of the Yuen
Long Industrial Estate, namely Bright Future Pharmaceutical Laboratory and
Leeman Hydraulic Technology Company Limited. He exchanged views with the
companies' representatives on the Government's initiatives in supporting the
innovation and technology industry.
Covering about 4.3 hectares in size after
several rounds of operation expansion, Bright Future Pharmaceutical Laboratory
has run production facilities in compliance with Good Manufacturing Practices
since 1996. Leeman Hydraulic Technology Company Limited joined the Industrial
Estate in 2008. Occupying a site of about 3.5 hectares, it is engaged in the
production of electrical transmission and transformation equipment.
Mr So was pleased to hear that the two
companies' business had benefited since moving into the Industrial Estate.
In developing their business, the companies
have leveraged the competitive advantages of Hong Kong, such as its location at
the heart of Asia, access to the huge Mainland market, international
intellectual property protection regime, good brand name and abundant supply of
talent.
"Provision of industrial estate land is
part of the Government's strategy in promoting the development of the
innovation and technology industry. This strategy has proven to work with the
two companies choosing to operate here. We will continue to enhance the
research infrastructure and financial support as well as the collaboration with
the industry, academia and research institutes to give Hong Kong's edge in this
area full play," he said.
Mr So also noted that the Financial Secretary
announced in his 2012-13 Budget the invitation to the HKSTPC to explore the
feasibility of expanding the Yuen Long Industrial Estate by about 16 hectares.
The Government would also continue to identify
sites for the sustainable development of Hong Kong Science Park and industrial
estates.
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