Energy and Renewables
If you are a company in the environmental technology sector looking to expand overseas, Hong Kong could be the ideal location. As well as being a highly mature market in its own right, Hong Kong’s position as the gateway to Mainland China with easy access to the rest of Asia Pacific translates to a wealth of exciting opportunities. The Hong Kong Government supports green initiatives with tax incentives and public projects, including the incubator schemes provided by Hong Kong Science & Technology Parks.
Hong Kong consumers have a strong awareness of environmental issues and are receptive to new technologies. Opportunities here include:
- Solar and wind technologies application engineering
- Low emissions public transport
- Waste treatment and recycling (almost 50 percent of waste is already recycled)
- Electric vehicles
- Low emission building strategies and urban planning
- Carbon audits and environmental services
- Air and water quality improvement technologies
Further afield in Asia, there are opportunities for companies that:
- Consult on emissions reduction and trading
- Structure deals (legal, auditing)
- Finance projects
- Build projects (contractors/engineers)
- Supply the parts and technologies
Mainland China, with its booming economy and industries, is a particularly strong market for environmental technologies and expertise.
InvestHK’s Innovation & Technology team can provide practical support to environmental technology companies wishing to set up in Hong Kong. Contact us to find out more.
- Hong Kong is a favourite place for dealmakers from around the world to meet, with events like the annual Eco Expo bringing together energy and renewables professionals from around the world
- It is a meeting place for organisations that need to offset the carbon footprint of polluting businesses in countries with strict controls
- As Asia’s financial and business services hub, Hong Kong is a great place to secure investment and find the necessary professional expertise
- Government support including tax incentives and public projects aims to encourage emissions reductions
Further Reading (Please click here to download Acrobat Reader)