Nine Industry Leaders Sign MOU to Build Hong Kong's Hydrogen Ecosystem, Boosting Green Economy Efforts

Nine industry leaders including Hyundai Motor Group sign landmark hydrogen MOU to drive Hong Kong's green economy

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding (MOU) on hydrogen ecosystem building, marking a major step toward advancing the city's green economy.

This multi-party signing was officiated by Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Acting Secretary for Environment and Ecology, Miss Diane Wong; the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying; and the Director-General of Investment Promotion of Invest Hong Kong (InvestHK), Ms Alpha Lau.

Spearheaded by Hyundai Motor Group, the MOU establishes a collaborative framework to build a comprehensive, self-sustaining hydrogen ecosystem in Hong Kong, targeted to be fully operational by the end of 2030. The collaboration will prioritise the development of waste-to-hydrogen technologies to convert landfill gas into clean energy, along with an immediate focus on piloting a liquefied hydrogen refuelling infrastructure. To enable full value chain integration, it also targets the deployment of customised hydrogen fuel cell commercial vehicles, including tour and airport shuttle buses.

Through facilitating public-private partnerships and inter-governmental collaboration, InvestHK is supporting Hyundai Motor Group and its partners to implement go-to-market strategies aligned with the shared vision for hydrogen ecosystem building.

This partnership will also position Hong Kong as a strategic base for Hyundai Motor Group's hydrogen business expansion across the Asia-Pacific region.

Miss Wong said, "This collaboration marks a significant milestone in developing tangible, on-the-ground hydrogen applications to accelerate the green transition towards carbon neutrality. By combining Korea's world-class technological capabilities with Hong Kong's strategic urban context, Hong Kong could serve as an exceptional international demonstration platform for showcasing green and low-carbon technologies. If these cutting-edge innovations could be applied and scaled up successfully here, it will serve as a positive model and provide highly viable options for reference by modern cities worldwide."

Ms Lau said, "Today's multi-party signing is both a landmark moment for Hong Kong's green economy and a clear signal that the city's hydrogen ecosystem is gaining real traction. Over the past three years, InvestHK has helped leading hydrogen enterprises establish themselves in Hong Kong, several of which have since listed on the Hong Kong Stock Exchange, raising over $2.5 billion in total. For businesses with global green ambitions, Hong Kong is where business growth takes shape."

Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin, said, "This MOU was signed as Hyundai Motor Group's commitment to advancing Hong Kong's proactive hydrogen policies and driving the acceleration of its hydrogen ecosystem utilising the Group's hydrogen business capability and experience. Starting with Hong Kong, we look forward to expanding our collaboration and business opportunities across the broader Asia-Pacific hydrogen market."

Partners entering into this MOU include Hyundai Motor Company and Hyundai Engineering & Construction from Hyundai Motor Group, China Inspection Co Ltd, Chun Wo Bus Services Limited, Chun Wo Construction & Engineering Company Limited, Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, JEA ENG, Templewater Limited, the Hong Kong and China Gas Company Limited, and Veolia Hong Kong Holding Limited.

This multi-party, long-term collaboration is set to establish a robust, end-to-end hydrogen industry chain - spanning production, storage, transportation, refuelling and utilisation.

New energy is vital to Hong Kong's Climate Action Plan 2050 and the national dual-carbon goals. As set out in the Chief Executive's 2025 Policy Address, Hong Kong will establish public hydrogen filling facilities on Hong Kong Island and in Kowloon, press ahead with more hydrogen trial projects, and develop the GBA Hydrogen Corridor in collaboration with Guangdong Province. The Hong Kong Special Administrative Region Government is actively advancing hydrogen development through technological innovation, talent cultivation, ecosystem building, and regional co-ordination. To date, over 30 hydrogen trial projects have been greenlit, paving the way not only for decarbonisation targets, but also for unlocking new quality productive forces for green economic growth.

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows (from left) Senior Vice President (Sustainability) for Technology, Innovation and Entrepreneurship of Invest Hong Kong (InvestHK), Ms Olivia To; the Director-General of Investment Promotion of InvestHK, Ms Alpha Lau; Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin; Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Global Head of Financial Services, Fintech & Sustainability of InvestHK, Mr King Leung; and Senior Vice President, Transport, Logistics and Industrials of InvestHK, Ms Bonnie Ho, at the symposium. Source: HKSAR Government Press Releases

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau, delivering a speech. Source: HKSAR Government Press Releases

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Acting Secretary for Environment and Ecology, Miss Diane Wong, delivering a speech. Source: HKSAR Government Press Releases

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung (back row, second right); the Acting Secretary for Environment and Ecology, Miss Diane Wong (back row, second left); the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying (back row, first left); and the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau (back row, first right), witnessing the signing. Source: HKSAR Government Press Releases

Ping Wo Fund launches anti-gambling publicity campaign

The following is issued on behalf of the Ping Wo Fund Advisory Committee:

The Home and Youth Affairs Bureau (HYAB) and the Ping Wo Fund launched a territory-wide anti-gambling publicity campaign today (June 7). The campaign aims to raise public awareness of gambling-related problems and the risks of addiction, while promoting no-gambling messages during the 2026 FIFA World Cup period.

The Ping Wo Fund will organise a range of territory-wide events and publicity activities, including today's anti-gambling football fun day and a series of thematic exhibitions. The exhibitions will also feature football-themed interactive games, with the campaign slogan "No Bets. No Regrets.", enabling the public to enjoy the fun of football while conveying anti-gambling messages.

Speaking at the ceremony, the Secretary for Home and Youth Affairs, Miss Alice Mak, said that as a matter of policy, the Government does not encourage gambling. The Government adopts a multipronged strategy to address gambling-related problems, including law enforcement against illegal gambling activities, public education on the harms of gambling addiction, as well as the provision of counselling and support services to people in need. Football itself is a sport that benefits both body and mind. She urged members of the public, while watching the World Cup, to bear in mind that they should be rational and responsible football fans, stay away from gambling and build a healthy, gambling-free lifestyle for themselves and their families. She also reminded the public that participating in illegal gambling (such as placing bets with illegal websites) is an offence. Upon conviction, an offender is liable to a maximum penalty of a $50,000 fine and imprisonment for nine months.

Miss Mak added that, apart from football betting, some gambling games on the market that feature elements of "winning big with small stakes" may also be addictive, and teenagers should stay vigilant. The Ping Wo Fund will strengthen its publicity efforts in both online and traditional media to remind the public to stay away from gambling and the traps of addiction.

Sponsored by the Ping Wo Fund and managed by the Tung Wah Group of Hospitals Even Centre, the Anti-Gambling Ping Wo Truck will tour the territory and pay visits to schools to educate the public on the harms caused by gambling addiction through multimedia exhibitions and interactive games. The four counselling and treatment centres funded by the Ping Wo Fund will step up their services, such as extending their service hours to answer the gambling counselling hotline (183 4633) and respond to text messages received online or from instant messaging applications. They will also organise more outreach activities so that those in need can receive timely and appropriate assistance.

The establishment of the Ping Wo Fund aims to finance public education and other measures to prevent or alleviate problems relating to gambling; provide counselling, treatment, and other support services for gamblers with gambling disorders and those affected by them; and conduct research and studies into problems and issues relating to gambling. The Ping Wo Fund Advisory Committee is a non-statutory body to advise the HYAB on the use and application of the Fund.

For details of the anti-gambling publicity campaign, please visit the Fund website atwww.donotgamble.org.hk.

The Secretary for Home and Youth Affairs, Miss Alice Mak (front row, second right), is pictured with the Chairperson of the Ping Wo Fund Advisory Committee, Ms Lu Hai (front row, third right), and other guests at the anti-gambling football fun day today (June 7). Source: HKSAR Government Press Releases

The Secretary for Home and Youth Affairs, Miss Alice Mak (third right), is pictured with the Chairperson of the Ping Wo Fund Advisory Committee, Ms Lu Hai (third left), and other guests at the anti-gambling football fun day today (June 7). Source: HKSAR Government Press Releases

The Secretary for Home and Youth Affairs, Miss Alice Mak, speaks at the anti-gambling football fun day today (June 7). Source: HKSAR Government Press Releases

The Secretary for Home and Youth Affairs, Miss Alice Mak (first left), visited the thematic exhibition "No Bets. No Regrets." at the anti-gambling football fun day today (June 7). Source: HKSAR Government Press Releases

The Secretary for Home and Youth Affairs, Miss Alice Mak (first right), and the Chairperson of the Ping Wo Fund Advisory Committee, Ms Lu Hai (second right) visited the Anti-Gambling Ping Wo Truck today (June 7) and distributed anti-gambling promotional items to citizens. Source: HKSAR Government Press Releases

The Secretary for Home and Youth Affairs, Miss Alice Mak (first right), and the Chairperson of the Ping Wo Fund Advisory Committee, Ms Lu Hai (third right), visited the Anti-Gambling Ping Wo Truck today (June 7) and were briefed by the staff about the service provided by the truck. Source: HKSAR Government Press Releases