Hong Kong could be a hub for smart green buildings
10th March 2023
Hong Kong can be the next experimental hub for developing smart green buildings, a new report from InvestHK and Arcadis claims.
The City of Smart Green Buildings report says Hong Kong has a unique blend of core competencies which could make it a prime location for global companies to launch their smart green building businesses.
These include:
- A mature certification system: Hong Kong’s BEAM has certified more than 1,000 buildings
- Green finance hub status: since 2021, HK$445 billion ($56.7 billion) of green bonds have been issued in Hong Kong
- Talented professionals: Hong Kong has a host of professionals in the design, real estate and construction fields
- Supportive government: the Hong Kong government has issued green legislation and launched funding schemes to boost sustainability
Tanya Uppal, director of business advisory, Hong Kong, at Arcadis, says: “Riding on our traditional strengths in building construction and unique advantages in smart technologies and sustainability, Hong Kong is poised to lead the development of smart green buildings in the Asia-Pacific region.”