Securing a Global Giant: HKSTP Lands Merck to Power Hong Kong’s I&T Ambitions

South China Morning Post - Oct 29, 2026

[The content of this article has been produced by our advertising partner.] As Hong Kong pushes towards its first Five-Year Plan target of raising R&D expenditure to 3% of GDP, the city’s largest I&T flagship, Hong Kong Science and Technology Parks Corporation (HKSTP), is taking a more aggressive approach to bring in global capabilities. Under the leadership of CEO Terry Wong, HKSTP is aligning its strategy directly with the national 15th Five-Year Plan and Hong Kong’s first Five-Year Plan. To...

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