Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, joined the “Virtual Window of Opportunity for Canadian CleanTech and Green Building Companies” webinar hosted by the Hong Kong Trade Development Council (HKTDC) office in Canada on October 8. The webinar discussed and explored opportunities in the cleantech market of Hong Kong and nearby regions in Asia.
In delivering the opening remarks at the webinar, Ms Mo first shared with participants the latest development of the cleantech and green building sector in Hong Kong. “The environmental industry is widely recognised as a new growth sector in Hong Kong. In 2018, the value added of Hong Kong’s environmental industry grew by 5.8% year-on-year to approximately CAD$1.7 billion (HK$9.9 billion),” Ms Mo said.
“Hong Kong’s environmental industry consists of mainly small and medium-sized enterprises, which largely focus on six business areas, including water conservation and pollution control; air and odour pollution control; energy conservation; waste treatment, disposal and recycling; noise control and mitigation, as well as environmental consulting services,” Ms Mo added.
Ms Mo also said that the Hong Kong Special Administrative Region (HKSAR) Government is committed to developing Hong Kong into a regional hub for innovation. For instance, funding support is available under the Innovation and Technology Fund for environmental technology-related projects, and the relevant funding exceed CAD$60 million (HK$375 million) since its establishment.
Besides, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development, an enormous market with a population of 69 million and a gross domestic product of more than US$1.5 trillion, is designed to become a clean energy and low-carbon region. “One of the goals in the Outline Development Plan for the GBA promulgated by the Central Government is to explore ways to improve electricity transmission networks and gas pipelines from Guangdong to Hong Kong and Macao,” Ms Mo added.
With the abundant business opportunities presented by the GBA development and in Hong Kong, Ms Mo encouraged Canadian cleantech companies to make use of the Hong Kong platform and its favourable business environment to expand to the GBA and other regions in Asia.
Moderated by Hong Kong-Canada Business Association National Chair Mr Arthur Chan, the webinar was also joined by other speakers including representatives of Export Development Canada, Consulate General of Canada in Hong Kong and Macao, HKTDC and Messe Frankfurt (HK) Ltd.
網上研討會由港加商會全國主席陳文灝主持，其他講者包括加拿大出口發展局、加拿大駐香港及澳門領事館、香港貿發局及Messe Frankfurt (HK) Ltd的代表。