Hong Kong Science Parks owner appoints new CEO in first top executive change since 2016
Wong joins HKSTP after leading the regional and urban mobility sectors at NEOM, Saudi Arabia’s futuristic city project
The Hong Kong Science and Technology Parks Corp (HKSTP) has appointed Terry Wong Ping-sau as CEO, refreshing its top spot after nine years to drive the organisation forward amid advances in technology.
Wong be replacing Albert Wong Hak-keung on August 1, the company said in a statement on Monday. He will bring 30 years of global executive leadership, having held senior management roles across Asia-Pacific, the Middle East, Europe and the US, it added.
Most recently, he led the regional and urban mobility sectors at NEOM, Saudi Arabia’s US$500 billion flagship smart city development, with responsibilities in strategic planning, investment, delivery and operations. He previously spent a decade at MTR and also had stints in the oil and banking industries.
“Wong’s extensive international experience, profound financial acumen and leadership in infrastructure as well as innovation and technological development make him exceptionally well-placed to guide [us] in charting our next chapter,” said HKSTP chairman Sunny Chai.
His ability to navigate both East and West “will be key as we strengthen Hong Kong’s unique role as a nexus for global innovation”, Chai added.
Hong Kong has been ramping up its efforts to build its technology ecosystem and generate global interest in its tech companies as the city aims to become a cutting-edge tech hub.
The HKSTP ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures. It operates the Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and InnoParks in Tai Po, Tseung Kwan O and Yuen Long.