New HK tech park attracts mainland and overseas enterprises

The opening ceremony for the Hong Kong-Shenzhen Innovation and Technology Park, or HSITP took place on Monday.

The hub has attracted  more than 60 local, mainland and overseas enterprises to settle there.  The HSITP, also known as the Hetao Hong Kong Park, is part of the larger Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone. 

Chief Executive John Lee said the aim of the hub is to become a world-class I&T platform and foster industry collaboration between the two cities.  Some overseas enterprises hope to use the Park  as a springboard to enter into, the GBA and the rest of the mainland market.