Many Companies Seeking Spot in Hong Kong’s Northern Metropolis Industry Park, New Chairman Says

Why It Matters

The initiative aims to position Hong Kong as an innovation and manufacturing hub by linking large-scale land development with talent training and international investment; success could drive jobs, tech adoption, and regional economic growth, while delays or land constraints could undermine those gains.

Summary

Jeffrey Lam, newly appointed chairman of the Hung Shui Kiu Industry Park Company and the Vocational Training Council, said his immediate priorities are hiring a capable CEO, building a team, and attracting investors to jump-start the Hung Shui Kiu industrial park, a core part of Hong Kong’s Northern Metropolis plan. He reported strong global interest—from AI and high-tech to food sectors—and noted HK$10 billion in initial government backing, but warned land could run out quickly and stressed speed of project delivery over tax incentives. Lam also outlined VTC plans to expand AI training, tailor courses to industry needs through closer employer engagement, and create student accommodation and internship pathways linked to the park. He expects improved US-China ties and potential tax changes to further bolster manufacturing and investment into the project.

Original Description

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The chairman of Hung Shui Kiu Industry Park Company, Jeffrey Lam Kin-fung, has told the South China Morning Post that many local and foreign companies have already shown an interest in setting up in the new industry park inside the Northern Metropolis development near the border. Lam, who is also the new head of the city’s largest vocational training school, also discussed how he will address the impact of AI on jobs for apprentices and create more opportunities for them.

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