Budget 2022-23: more than HK$16 billion earmarked to turn Hong Kong into international innovation and technology hub

Feb 23, 2022 | INVESTING

More than HK$16 billion (US$2.05 billion) will be poured into plans to turn Hong Kong into an international innovation and technology (I&T) hub, a move industry leaders say they believe will help attract more investors and talent to the city.“Continuous promotion of I&T development is an important strategy to foster a more vibrant and diversified economy,” Financial Secretary Paul Chan Mo-po said in his budget speech on Wednesday, pledging more resources for I&T projects to attract talent and…

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