Hong Kong Business News

The Innovation & Technology Commission today announced a third batch of 24 projects to be given funding via the Research, Academic & Industry Sectors One-plus (RAISe+) Scheme.

These projects were recommended by the scheme’s steering committee. The total funding awarded amounts to over $1 billion.

The projects cover health and medical sciences, new materials and new energy, artificial intelligence (AI) and robotics, computer science/information technology, electrical and electronic engineering, advanced manufacturing, and more.

Secretary for Innovation, Technology & Industry Prof Sun Dong said the wide range of the projects involved is a clear testament to Hong Kong’s research and development capabilities and its vibrant I&T ecosystem.