Edward Yau: The Hong Kong Innovation and Technology Industry Fund will be launched in the fiscal year 2026-2027.

On September 17, the Chief Executive of the Hong Kong Special Administrative Region, Carrie Lam, issued a new policy address, stating that the Hong Kong Innovation and Technology Bureau is advancing the assembly of two pilot assembly lines of the Hong Kong Microelectronics Research and Development Institute, and will complete the construction of the Life Sciences Research and Development Institute and the Hong Kong Artificial Intelligence Research and Development Institute within the next year. In addition, Hong Kong will accelerate the construction of the third "InnoHK Innovation Hong Kong Research and Development Platform", focusing on sustainable development, energy, advanced manufacturing, and materials. Its research center is scheduled to be established in the first half of 2026. The highly anticipated "Innovation and Technology Industry Development Fund" will also be launched in the 2026-2027 fiscal year, with the government actively guiding market investment in strategic emerging and future industries.