Cyberport welcomes the HKSAR Government’s 2024-25 Budget and promises to offer its full support in achieving the shared vision of driving forward Hong Kong’s high-quality development. It will make every effort to advance Hong Kong’s AI ecosystem, encourage I&T applications, and attract strategic I&T enterprises, talent, and investment to bolster Hong Kong’s competitive edge.
One notable aspect of the new fiscal measures is the allocation of HK$3 billion to support universities, research institutes, and enterprises in harnessing the computing power of Cyberport’s AI Supercomputing Centre (AISC), which is scheduled to commence operations in 2024. This initiative will accelerate the growth of the AI industry and strengthen the R&D capabilities of research institutes and enterprises in a variety of fields, including life and health technology, AI and data science, advanced manufacturing, and new energy technology. The AISC also has the potential to attract start-ups and research talent from both the Mainland and abroad, thereby amplifying Hong Kong’s strengths in basic research and internationalisation.
Furthermore, Cyberport welcomes the HKSAR Government's initiative to position Hong Kong as an "International Green Finance Centre”. Among these measures is the launch of the Green and Sustainable FinTech Proof-of-Concept Subsidy Scheme in the first half of this year. Cyberport will also concentrate on developing Hong Kong’s Web3 ecosystem; driving SME digital transformation, including through the newly launched Digital Transformation Support Pilot Scheme; and assisting the government’s I&T talent development efforts, such as co-organising the “Knowing More About IT” programme and “IT Innovation Lab in Schools” sharing day for primary and secondary school students.
Simon Chan, Chairman of Cyberport, said, “Cyberport is fully committed to constructing the AISC, which is poised to significantly elevate the city’s I&T infrastructure and attract more leading technology companies from the Mainland and overseas to Hong Kong. Together with our vibrant start-up community, we will continue to complement the government’s strategies and contribute innovative strength and economic value to Hong Kong’s and our country’s high-quality development.”
