Hong Kong Science Park celebrates 25 years with new chairman's vision for innovation
The Hong Kong Science and Technology Parks Corporation (HKSTP) approaches its 25th anniversary, with new chairman Cordelia Chung outlining a forward-looking strategy for the city's innovation ecosystem. The institution has grown into a leading start-up incubation hub in the Greater Bay Area. The issue also covers culinary fusion and Hollywood actress Nancy Kwan's legacy.
HKSTP was founded in 2001 and has since evolved into Hong Kong’s leading start-up incubation ecosystem, extending its influence across the Greater Bay Area. The approaching 25th anniversary marks a significant milestone, with new chairman Cordelia Chung and CEO Terry Wong Ping-sau steering a strategic vision for the next phase of growth.
The institution’s trajectory mirrors the accelerating pace of technological change, from bulky early computers to today’s ultra-thin devices. Chung’s blueprint aims to sustain this momentum, positioning HKSTP as a central force in regional innovation and helping shape the next generation of breakthroughs.
The anniversary and new leadership could reinforce Hong Kong’s role as a regional tech hub, potentially attracting more start-ups, talent, and investment. This may strengthen the Greater Bay Area’s innovation ecosystem, benefiting entrepreneurs and researchers. However, outcomes depend on execution and broader economic conditions, so the impact remains uncertain but plausibly significant for the city’s future competitiveness.