Sunny Chai Ngai-chiu, chairman of the government-owned San Tin Technopole Company Limited, announced on Wednesday that the entity will prioritize affordable land grants to secure tenants for the flagship technology cluster. Located near the border with Shenzhen, the project is intended to serve as a major hub for innovation and technology in Hong Kong.

To meet the specific spatial needs of a potential client requiring a large footprint, the operator revealed plans to reclaim and redevelop fish ponds in the surrounding area. Chai stated that the company intends to adopt a land-grant strategy similar to previous industrial development models to ensure the hub remains competitive and accessible to firms. While the project is positioned as a key economic driver, the redevelopment of the fish ponds marks a significant shift in land use for the border region. The operator’s pledge aims to address concerns regarding the cost of entry for tech companies, though specific pricing structures or the total scale of the land reclamation have not yet been fully detailed.