Cha Yat-Chiu Advocates Attracting Advanced Manufacturing Partners to Set Up Shop, Citing Land Prices, Tax and CEPA as Three Key Factors

Cha Yat-chiu, chairman of the board of the San Tin Technopole Company, said the government's heavy investment in innovation and technology and industrial development in recent years is the "right approach". He believes that to attract advanced manufacturing partners to Hong Kong, land prices, tax incentives and CEPA are all important factors, among which CEPA has not been updated for many years and he believes there is room for optimisation. He suggested that the life and health sector set up in the Hong Kong-Shenzhen Innovation and Technology Park in the Loop, while microelectronics, robotics and green manufacturing could be considered for development in San Tin.