Web Summit participants told of opportunities in Hong Kong for I&T start-ups and companies

The Hong Kong Economic and Trade Office, Brussels (HKETO, Brussels) promoted opportunities in Hong Kong for innovation and technology (I&T) start-ups and companies that are attending the Web Summit Lisbon 2023 in Portugal.

HKETO, Brussels hosted a networking reception for participants on 14 November, in collaboration with Invest Hong Kong and supported by the Portugal-Hong Kong Chamber of Commerce and Industry. At the reception, Deputy Representative of HKETO, Brussels Miss Grace Li outlined Hong Kong's distinctive advantages under 'one country, two systems'; and in the Guangdong-Hong Kong-Macao Greater Bay Area. In particular, she highlighted opportunities for the I&T sector.

Miss Li emphasised the commitment of the Government in strengthening the role of Hong Kong as an international I&T centre. She encouraged I&T companies to set up their operations in Hong Kong and benefit from the city's business-friendly environment, a well-developed I&T ecosystem and a wide range of infrastructure facilities.

The Web Summit is a major technology conference in Lisbon, Portugal, and is being held from 13 to 16 November 2023.. It has been attended by over 70 000 international participants in previous years, including entrepreneurs, investors and professionals in the field of technology.

The Hong Kong Science Park is home to 1,100+ tech enterprises and companies from 22 countries and regions, and has a 18,000+ working population, 12,000+ of which are R&D professionals. It offers 4 million sq.ft. (equivalent to 70 football fields) of R&D offices and labs for innovation and entrepreneurship, for businesses of all sizes, and a flagship co-living space that provides affordable accommodation for the I&T community.