3 Innovation Hong Kong Limited

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Deloitteto invest over HKD200 million in Innovation & Assets Development Center, I&T initiatives, and talent development over the next three yearsFirm to double Hong Kong Deloitte Digital headcount to more than 1,000 tech and digital professionals by 2025Deloitte China CEO Patrick Tsang sets out Center's role in Hong Kong's development as an international I&T hub through collaboration and investmentCenter gives Park's technology companies and R&D practitioners unprecedented proximity and access to Deloitte's global collaboration, investor networking, and commercialization support

Deloitte China opened its Innovation & Assets Development Center (the Center) today at Hong Kong Science Park (the Park). The opening ceremony attracted more than 100 guests and was led by Deloitte China CEO Patrick Tsang, who welcomed senior officials including:

Occupying a full floor at the Park, the Innovation & Assets Development Center is a unique, digital-focused service hub that reinforces Deloitte's commitment to the HKSAR Government's Innovation & Technology (I&T) Development Blueprint to drive Hong Kong's development as an international I&T powerhouse.

The Center will provide unprecedented proximity and access to Deloitte China's multidisciplinary model professional services (MDM) and INspire HK integrated value propositions (IVPs) in Digital, M&A, Sustainability, Smart City, and ONEinsurance to more than 1,200 technology companies and over 12,000 R&D practitioners at the Park, which is operated by Hong Kong Science & Technology Parks Corporation (HKSTP).

"We are proud to establish in Hong Kong our first dedicated Innovation & Assets Development Center at the Park. This will support I&T development in Hong Kong through ecosystem collaboration and be a base for investment in assets development for Deloitte to retain undisputed leadership in professional services and make an impact that matters for I&T development in Hong Kong."

In addition, the Center will accelerate commercialization and impactful innovation by our strategic alliances and partners and help local start-ups to accelerate business growth within the Greater Bay Area (GBA) and beyond, Patrick adds.

Deloitte China is committed to enhancing Hong Kong's status as a fundraising hub and springboard to international expansion for I&T ventures. The Innovation & Assets Development Center will promote Hong Kong's reputation as a destination of choice for international I&T companies seeking to enter the GBA and other Asian markets.

The Innovation & Assets Development Center will further enhance not only our Deloitters' career journeys as an inspiring hub for talent development, but also contribute to talent development in Hong Kong via internship arrangements with regional universities and the INspire HK: Future Ready Talent program.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), and its network of member firms, and their related entities. DTTL and each member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Please see About Deloitte to learn more about our global network of member firms.

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