HKSTP Strengthens Saudi Innovation Ties at Future Investment Forum

10 Nov 2025 CW Team

The Hong Kong Science and Technology Parks Corporation (HKSTP) joined a Hong Kong delegation led by Financial Secretary Paul Chan to Riyadh, Saudi Arabia, for the 9th Future Investment Initiative (FII9), held from 27–31 October 2025. The visit marked a key step in deepening Hong Kong’s innovation and investment collaboration with the Middle East.

Following its successful participation in major Dubai tech events—GITEX Global and Expand North Star—HKSTP led 13 Park companies to FII9 to showcase Hong Kong’s growing innovation and technology (I&T) ecosystem to global investors and business leaders.

During the visit, i2Cool, a Hong Kong-based Park company, signed a Memorandum of Understanding with MADAR Building Materials Company, expanding its footprint in the Middle East. Another firm, Westwell Technology, presented its AI-driven renewable energy solutions, highlighting how smart logistics can drive a greener, more sustainable future.

HKSTP stated that the visit reinforces Hong Kong’s role as a global I&T bridge connecting Asia and the Middle East, while opening new opportunities for cross-border partnerships and technology exchange.

Established in 2001, HKSTP supports over 2,400 technology companies and 13 unicorns, positioning Hong Kong as a regional innovation hub in sectors including AI, fintech, biomedicine, and smart city solutions.

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