HK/Shenzhen sign off on joint high-tech park

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February 9, 2017

HONG KONG – Hong Kong and Shenzhen are to jointly develop a 97-acre site at Lok Ma Chau, on the Hong Kong-China border, into an innovation and technology park focussing on robotics, biopharmaceuticals, smart cities and fintech.
The new site, on vacant wetlands created by adjacent waterworks, is expected to take up to seven years to come fully online, bringing calls from leaders in the technology sector to fast-track the project.