Hong Kong must grow ‘exponentially' to match Shenzhen: outgoing Science Park CEO
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In an exclusive interview before he steps down on Friday, Albert Wong Hak-keung said the government-backed innovation hub at Pak Shek Kok had come a long way from its early days about two decades ago, from first being seen as simply a landlord to now staking its claim as a start-up incubator for the city's future growth.
'At the beginning, we were struggling to determine whether Science Park is a real estate project or what we are,' said Wong, who joined the Hong Kong Science and Technology Parks Corporation in 2016.
He will be succeeded by Terry Wong Ping-sau, who has 30 years of global executive leadership experience across Asia-Pacific, the Middle East, Europe and the United States.
The outgoing CEO said he had not yet made any future plans.
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The Science Park supports 700 to 1,000 start-ups at any given time with incentives such as allowing them to operate rent-free in the first year, and provides communal facilities including semiconductor, biomedical and robotics labs, along with an extensive incubation programme.
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