Secretary for Commerce and Economic Development Gregory So stated that Hong Kong welcomes the world's best Internet of Things (IoT) companies to invest in the city and is well-prepared to assist them in securing funding, developing prototypes, validating products, and entering the market.
Speaking at the IoT Pitch Night held at PMQ today, Mr. So said that the government is committed to developing Hong Kong into a major global innovation and business hub, allowing start-ups to use Hong Kong as a springboard to international markets.
He pointed out that Hong Kong's role as a "super-connector," combined with its strategic location adjacent to Shenzhen, convenient transportation to the Pearl River Delta, and a well-established supply chain and logistics platform, will enable Hong Kong to develop into a leading force in the global wave of IoT innovation.
Mr. So added that Hong Kong possesses all the necessary conditions to support innovative start-ups and is an ideal platform for transforming concepts for IoT products and mobile electronics into commercial goods. He expressed his hope that Hong Kong will attract major technology innovation companies to the city.
