Cyberport’s promotion of Smart Living technologies and the digital transformation of industries received a boost last month with the signing of an MoU with the Hong Kong PropTech Association (HKPTA). The two parties made a commitment to jointly accelerate the adoption of Property Technology (PropTech), Construction Technology (ConTech), and Urban Technology (UrbanTech) in Hong Kong and beyond, as well as foster industry and talent growth.
During his remarks at the signing ceremony, Peter Yan, CEO of Cyberport, emphasised the pivotal role of technology in shaping a smarter Hong Kong. He highlighted that innovative technologies, such as those used for building inspections, site safety, and construction planning, could help fuel the development of green smart cities and the optimisation of urban living environments. Cyberport, with its commitment to spearing Hong Kong’s Smart Living evolution, has formed close partnerships with key industry bodies such as the Construction Industry Council and the Housing Society. It is also providing a nurturing ground for PropTech, ConTech, and UrbanTech start-ups and actively connecting them with industry stakeholders to encourage solution adoption and application.
“We’re excited to collaborate with the HKPTA to bridge the gap between traditional industries and innovative technology. Together, we aim to inject fresh vigour into the industry, improve construction practices, better the environment, and boost efficiency, ultimately steering the city towards a sustainable smart city future,” Mr Yan said.
Under the MoU, Cyberport and HKPTA will launch various programmes to spur PropTech, ConTech and UrbanTech development. These will include competitions, seminars, and solutions matching between industry stakeholders and innovative start-ups within the Cyberport community. The goals are to raise awareness, facilitate adoption, and foster industry and talent development. Additionally, a Cyberport representative will join the HKPTA’s Innovation & Technology Committee to further champion the advancement and application of frontier technologies in industries.
The MoU was signed by Peter Yan, CEO of Cyberport and Vivian Chan, President of HKPTA, in the presence of Charleston Sin, board member of Cyberport, Ir Eric Chan, Chief Public Mission Officer of Cyberport, Henry Li, Head of Ecosystem Development of Cyberport, Rainie Pan, Board Member of HKPTA, Ivan Ho, Board Member of HKPTA, and Darron Sun, External Affairs Committee Chair of HKPTA.