Hong Kong signs 2 MOUs with Greater Bay Area partners to commercialise aerial technology
Hong Kong signed two milestone memorandums of understanding with partners in the Greater Bay Area to harmonise standards and commercialise advanced aerial technology as the city accelerated its integration into national development plans. Deputy Financial Secretary Michael Wong Wai-lun said on Thursday the cross-border pacts would combine the production and testing capabilities of the…
Hong Kong has forged two significant Memorandums of Understanding (MOUs) with partners in the Greater Bay Area to harmonize standards and commercialize advanced aerial technology. Deputy Financial Secretary Michael Wong Wai-lun announced these cross-border agreements during the Belt and Road Summit, highlighting that they leverage Hong Kong's strengths in research, standards setting, and testing capabilities alongside the bay area's testing and industrial production strengths.
These pacts aim to align with the national strategy of developing the low-altitude economy in urban areas. Over 140 applications for commercial services, including delivery, infrastructure surveillance, and materials lifting, have been approved, while 33 complex partner projects have been selected for a new testing phase under Sandbox X. Wong expressed confidence that Hong Kong's world-class legal system, aviation regulatory expertise, and its position as an international financial and trade center make it an effective platform to support enterprises globally.
A Greater Bay Area delegation recently visited Malaysia and Indonesia to forge new opportunities and enduring partnerships.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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