February 17, 2014 (Hong Kong) - Hong-Kong
and Israel Have signed a new cooperation agreement on industrial research and
development. Secretary for Commerce & Economic Development Gregory So
signed the memorandum of understanding with Israeli Consul-General Sagi Karni. Mr.
So said promoting the development of technology as a means of fostering
economic development is of mutual interest to both places.
The deal provides a framework for
the Innovation & Technology Commission and Israel’s Office of the Chief
Scientist of the Ministry of Economy to jointly encourage industrial research
and development collaborations and technology development between Hong Kong and
Mr. So said he is confident the collaboration will inspire more joint innovative
activities between the two places.
Chief Scientist of the Ministry of Economy of Israel, Mr. Avi Hasson, and the
Commissioner for Innovation and Technology of the Hong Kong SAR Government,
Miss Janet Wong, also attended the signing ceremony.
Mr. Karni said at the signing
ceremony, "With this MoU we set up a mechanism, with no cap I mind you,
that will enable co-financing of high-tech R&D, but also we send a clear message
to the industry and academia that we at the Government of Israel are fully
supportive of this sector and committing tax-payers’ money for future
growth". “We find Hong Kong an important partner to promote with and boost
high tech activity in the region. The unique location, the transparent legal
system, the vibrant society and above all the talent of the people make a
perfect match”, he said.
Mr. Hasson, who came to Hong Kong
especially to attend this signing ceremony, said, "The agreement that we
signed today is an important platform for developing cooperation between Hong
Kong companies and Israeli companies. HK companies should be a natural partner
for Israeli companies looking east and we hope that through this agreement new
world changing technologies will be developed."
For more information about cooperation opportunities through the new Hong-Kong Israel agreement, please contact China Program Manager, Ms. Merav Tapiero (firstname.lastname@example.org).