# Hong Kong Advances Innovation and Infrastructure

Hong Kong's 2026 Policy Address announces major investments to accelerate innovation, technology, and advanced construction infrastructure development. Key initiatives include the Sandy Ridge Data Facility Cluster targeting 180,000 peta-FLOPS computing power by 2032, the establishment of the first national manufacturing innovation centre led by the Microelectronics Research and Development Institute (MRDI), and the creation of new advanced construction industry parks with land tenders planned for 2027-2028. Cross-boundary collaboration with Shenzhen and involvement of entities such as the Artificial Intelligence Research and Development Institute (AIRDI) and regional development companies highlight a strategic focus on technology-driven economic growth.

- Procurement professionals should anticipate upcoming land tenders and infrastructure contracts related to advanced construction parks in Hong Kong starting in 2027, presenting opportunities for construction and technology firms.
- The expansion of computing infrastructure and innovation centers indicates demand for specialized technology vendors and service providers in AI, microelectronics, and data center development.
- Cross-border collaboration with Shenzhen and involvement of regional authorities like Qianhai Authority suggest potential for joint ventures and partnerships in technology and infrastructure projects.
- Organizations should evaluate capabilities aligned with high-performance computing, manufacturing innovation, and advanced construction to position for forthcoming procurement opportunities in Hong Kong's innovation ecosystem.

**Jurisdictions:** sled
**Industries:** Information Technology, Construction & Infrastructure
**Topics:** Artificial Intelligence, Physical Infrastructure
**Published:** September 16, 2026

### Government Entities
- Microelectronics Research and Development Institute (MRDI)
- Artificial Intelligence Research and Development Institute (AIRDI)
- San Tin Technopole Company Limited
- Hung Shui Kiu Industry Park Company Limited
- Qianhai Authority

### Sources
- [Policy Address 2026 | HK advances innovation and technology, AI computing and advanced construction infrastructure](https://www.thestandard.com.hk/news/article/342962/Policy-Address-2026-HK-advances-innovation-and-technology-AI-computing-and-advanced-construction-infrastructure) - The Standard (HK)