Cyberport signed a Memorandum of Understanding with China Resources Enterprise (CRE) to join hands in nurturing Hong Kong’s I&T start-ups by promoting solution development, application, and collaboration through CRE’s extensive businesses and connections. The two organisations will also collaborate to develop talent, encourage youth entrepreneurship, and increase investment in I&T start-ups.
“CRE is one of Hong Kong’s leading enterprises in consumer goods and retail services,” said Peter Yan, CEO of Cyberport. “Through our collaboration, we aim to connect Cyberport community start-ups with CRE’s diverse businesses, as well as assist them in expanding the application and reach of their smart retail and consumer technologies in various business settings and markets. We will also take advantage of Hong Kong’s central location and connections with the world’s fastest-growing economies to help start-ups explore opportunities in the Greater Bay Area and beyond.”
According to Chen Ying, Chairman of the Board and CEO of China Resources Enterprise, Cyberport’s aspirations and work in promoting I&T, including in FinTech, smart living, digital entertainment, and cybersecurity, are in line with those of CRE and present tremendous collaboration opportunities. CRE will connect Cyberport start-ups to its diverse businesses, assisting them in finetuning solutions and bringing them to market faster.
