Smart Traffic Fund approves three projects
The Transport Department (TD) today (June 10) announced that three projects under the 25th batch of the Smart Traffic Fund have been approved by the Management Committee, with a total grant of around $19.5 million.
The three approved projects in the latest batch cover:
(1) The development of an intelligent traffic signal control system for temporary traffic arrangements by using real-time sensing technologies;
(2) The development of an autonomous driving perception model capable of recognising road works and temporary traffic arrangements in Hong Kong by applying "vision-language-action" technologies; and
(3) The study of large-scale deployment of regional dynamic traffic signal systems in Hong Kong by leveraging microscopic simulation models and real-time traffic signal control technologies.
Details of the projects are available on the Fund's website (stf.hkpc.org).
The Fund accepts applications throughout the year to provide funding support to local organisations and enterprises for conducting research and applying innovation and technology, with the objectives of enhancing commuting convenience, enhancing the efficiency of the road network or road space, and improving driving safety. All applications are considered and assessed in batches by the Management Committee, which is chaired by the Deputy Commissioner for Transport/Planning and Technical Services, and comprises representatives from the Government, experts in the industry and relevant stakeholders.
The TD appeals to interested organisations and enterprises for participation to help make the Fund a success and to build Hong Kong into a more liveable and sustainable city by driving Hong Kong toward a new era of transportation.
Application details are available on the Fund's website. For enquiries, please contact the Hong Kong Productivity Council, the Secretariat of the Fund, on 27885536 or stf_sec@hkpc.org.
The Transport Department (TD), Photo by Bastille Post
Keynote address by PSITI at HKTDC Hong Kong Electronics Fair (Autumn Edition) 2026 Future Industries Zone Opening Ceremony
Following is the keynote address by the Permanent Secretary for Innovation, Technology and Industry, Mr Kevin Choi, at the HKTDC (Hong Kong Trade Development Council) Hong Kong Electronics Fair (Autumn Edition) 2026 Future Industries Zone Opening Ceremony today (October 13):
Distinguished guests, ladies and gentlemen,
Good morning. It is a pleasure to join you all at the opening of the Future Industries Zone at the Hong Kong Electronics Fair (Autumn Edition) 2026.
Electronics remains central to Hong Kong's economy. Electronic products accounted for close to 80 per cent of Hong Kong's total exports in the first eight months of this year. Yet the significance of the industry goes beyond trade figures. Electronics is the foundation of artificial intelligence, advanced computing, smart manufacturing, healthcare technologies and many of the industries that will shape our future.
That is why the launch of the Future Industries Zone is timely. A new generation of technologies is creating new industries and transforming established ones. The challenge is no longer confined to making a scientific discovery. We must also turn that discovery into a product, validate it in a real setting, establish a viable production process and bring it to the market.
This is the essence of new industrialisation, and a practical way to develop new quality productive forces. It connects technological innovation with industrial innovation, so that research can create real economic value. For hardware companies in particular, transforming a prototype into a commercial product involves design for manufacturability, rigorous testing, certification and supply chain management, demanding clear validation before meeting operational needs.
The Future Industries Zone responds directly to these needs. It brings together future microelectronics, future computing, future marine and quantum technology, future manufacturing and future wellness. More importantly, it places researchers and technology developers alongside manufacturers, users, investors and industry partners. This can help close the gap from research and development to design for manufacturing and mass production, while strengthening the wider electronics supply-chain ecosystem.
The direction of the Zone is closely aligned with national and Hong Kong development priorities. This year marks the beginning of the National 15th Five-Year Plan. The Plan calls for deeper integration between technological and industrial innovation, the development of a modern industrial system and the fostering of new quality productive forces according to local conditions. It also supports Hong Kong in developing into an international innovation and technology centre.
Hong Kong's First Five-Year Plan and this year's Policy Address translate these national priorities into concrete action for Hong Kong. Building on our strengths in basic research, international connections and professional services, and the Greater Bay Area (Guangdong-Hong Kong-Macao Greater Bay Area)'s strong manufacturing capabilities and complete supply chains, Hong Kong is developing a new industrialisation system with three major innovation and technology parks and five research and development institutions as its backbone.
A central task is to strengthen the path from research and development to testing, pilot production, industrial application and market development. Pilot production is particularly important. It allows companies to verify whether a technology can be manufactured reliably and at the required quality, and to resolve technical problems before moving to full-scale production.
In microelectronics, the Hong Kong Microelectronics Research and Development Institute is establishing pilot lines for third-generation semiconductors. They will support research, proof-of-concept fabrication, pilot production and low-volume production. The Institute will also take the lead in operating the first national manufacturing innovation centre to be established in Hong Kong, bringing together resources from Hong Kong, the Chinese Mainland and overseas, including local enterprises and start-ups participating in the Zone today, to strengthen our microelectronics ecosystem and accelerate commercialisation.
Technology needs to be tested in real operating environments. This is another area where the Future Industries Zone can make a practical contribution. Through scenario-based displays, enterprises and start-ups can show how their hardware and software solutions work, engage prospective users and obtain direct feedback. These are not merely product showcases. They give companies a valuable opportunity to validate and improve their technologies with reference to real needs.
This year's Policy Address also supports the Hong Kong Science and Technology Parks Corporation in exploring the establishment of the Hong Kong Innovation and Technology Application Scenario Promotion Centre. By helping technology companies identify opportunities for validation and adoption in public services and different industries, the proposed centre will enable more promising solutions to move from demonstration to wider use.
The Top 100 Future Industries Pioneer List adds another important dimension. By identifying promising enterprises in the frontier fields featured at the Zone, it gives them greater visibility and creates opportunities to connect with technology partners, manufacturers and potential users. This complements the Government's efforts to support enterprises through various policy initiatives such as the $10 billion New Industrialisation Acceleration Scheme in establishing smart production facilities in Hong Kong.
The Zone also provides a link to the international technology community. The debut of CES Asia Unveiled Hong Kong, made possible through the HKEIA (Hong Kong Electronic Industries Association)'s partnership with the Consumer Technology Association, brings an internationally recognised technology platform to the Fair. The pitch competition offers high-potential start-ups an opportunity to present their technologies, while the winning company will receive complimentary exhibition space at CES 2027 Eureka Park.
This international exposure is valuable, but it rests on the same foundation: strong technology, effective validation and the ability to turn an idea into a product. By combining these elements in one place, the Future Industries Zone can help companies progress further along the path from research to industrial application, and support the formation of future industry clusters in Hong Kong.
The Government will continue to work with industry, universities and research institutions to strengthen that path. The HKEIA's collaboration with the Government and the industry demonstrates how the wider innovation and technology ecosystem can work together.
I thank theHKEIA, HKTDC and all partners for creating this new platform. I look forward to seeing the Future Industries Zone foster practical collaboration, accelerate the commercialisation of promising technologies and contribute to Hong Kong's new industrialisation and technology development.
I wish the Future Industries Zone and the Hong Kong Electronics Fair every success, and all of you a productive and rewarding event. Thank you.
The Permanent Secretary for Innovation, Technology and Industry, Mr Kevin Choi, delivers the keynote address at the Hong Kong Trade Development Council Hong Kong Electronics Fair (Autumn Edition) 2026 Future Industries Zone Opening Ceremony today (October 13). Source: HKSAR Government Press Releases
