business · HK01

Six Bids Received for Four Hetao Hong Kong Park Land Parcels

about 2 hours ago1 MIN
Six Bids Received for Four Hetao Hong Kong Park Land Parcels

Summary

The Hetao Hong Kong Park has received six bids for its inaugural market-participation land tender, representing a significant milestone for the Hong Kong-Shenzhen Innovation and Technology Park initiative. The tender covers two groups of land parcels, each comprising an innovation and technology site alongside a talent apartment site. Companies were permitted to bid on both land types simultaneously, attracting diverse participation from high-tech industries and large integrated enterprises precisely aligned with the park's strategic development objectives.

Key Points

  • Six bids submitted for four land parcels across two groups at Hetao Hong Kong Park
  • Each land group contains one innovation and technology site plus one talent apartment site
  • Tender adopts dual-envelope system with technical proposals weighted at 70% and price at 30%
  • Bidders include high-tech industries and large integrated enterprises matching park development goals
  • Hong Kong Science Park Company to evaluate bids; results targeted for year-end announcement

Why It Matters

The strong market response signals confidence in the Hetao Hong Kong Park's potential as a hub for innovation and technology collaboration between Hong Kong and Shenzhen, with the 70% technical weighting designed to prioritize forward-looking solutions that strengthen the research-to-industry pipeline across the entire value chain.
The strong market response signals confidence in the Hetao Hong Kong Park's potential as a hub for innovation and technology collaboration between Hong Kong and Shenzhen, with the 70% technical weighting designed to prioritize forward-looking solutions that strengthen the research-to-industry pipeline across the entire value chain.

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