Business Daily Media

The Times


.

Hong Kong’s Groundbreaking ConTech Solutions Reaching Singapore Builder Market via IBEW 2024

HKSTP’s 14 Park Companies Showcase Pioneering Robots, AI-Powered Safety System, Smart Building and ESG Solutions at Asia’s Most Comprehensive Built Environment Event

HONG KONG SAR - Media OutReach Newswire - 4 September 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) is leading 14 innovative partner companies to the International Built Environment Week (IBEW) 2024, held from 4-6 September at Marina Bay Sands, Singapore.

This participation is poised to drive construction technology (ConTech) adoption through strategic partnerships in the vibrant innovation and technology (I&T) ecosystem, with support from HKSTP to accelerate market expansion in Southeast Asia.

Mr Desmond Lee, Minister for National Development of Singapore, accompanied by Ms Filla Mak, Chief Operations Officer of HKSTP, visited the HKSTP Pavilion at the Build Environment Expo (BEX Asia) to understand more about the ConTech innovations developed in Hong Kong.
Mr Desmond Lee, Minister for National Development of Singapore, accompanied by Ms Filla Mak, Chief Operations Officer of HKSTP, visited the HKSTP Pavilion at the Build Environment Expo (BEX Asia) to understand more about the ConTech innovations developed in Hong Kong.

Pioneering AI and robotics ConTech Solutions Capture Spotlight

IBEW 2024 represents the most comprehensive arena in Asia for showcasing groundbreaking ConTech innovations across all stages of the building lifecycle. The HKSTP Pavilion, located at the Build Environment Expo (BEX Asia) of IBEW, features market-ready and emerging ConTech advancements. These include construction robotics, AI-powered safety system, smart building solutions and sustainable technologies.

Mr Desmond Lee, Minister for National Development of Singapore, visited the HKSTP Pavilion to understand more about the ConTech innovations developed in Hong Kong. His engagement highlights the potential for collaboration in the construction technology sector and underscores the importance of fostering international partnerships to drive advancements in the construction industry.

Among the 12 exhibitors at BEX Asia, the Hong Kong Center for Construction Robotics (HKCRC) from InnoHK showcases its award-winning rebar tying robot. Equipped with autonomous identification and positioning, automatic obstacle avoidance, and automatic column change, the robot can complete the tying work across large areas at the centre of the steel mesh in a fully automatic mode. Zhuling Tech makes its debut in Singapore with the introduction of innovative tile-laying robots that are nearly five times faster than manual bricklaying. This innovation aims to drive the intelligent transformation and the digitalisation of the traditional construction industry. Neuron Digital specialises in smart building solutions, optimising energy management and improving operational efficiency in real-time. i2Cool introduces pioneering electricity-free cooling technology with innovative paint solutions that significantly reduce energy consumption and enhance building sustainability. The paint has been used in over 20 countries and was recently successfully applied in Dubai Mall and Emirates Palace Mandarin Oriental in UAE.

The ConTech Summit of IBEW is the go-to symposium that brings together investors, innovators, and corporates in the built environment sector. Ms Filla Mak, Chief Operations Officer of HKSTP, was invited to deliver a speech at the Summit to share the experiences of ConTech adoption in Hong Kong. She said, "We are delighted to showcase solutions from our partner companies on such a prestigious global stage. The tradeshow perfectly aligns with our mission to propel the commercialisation of groundbreaking technologies that anticipate the future needs of urban environments. By participating in IBEW, we are not only highlighting Hong Kong's robust R&D capabilities but also fostering significant partnerships that extend our reach into Southeast Asia and beyond."

Ailytics and FJDynamics participated at the ConTech Summit through solution showcase and engaging elevator pitches. Ailytics garnered the highest number of votes from the judges and was honored with the Most Popular Startup Award, while FJDynamics received the Most Creative Startup Award for their outstanding presentation. The recognition not only highlights their exceptional R&D results but also demonstrates the immense potential these innovations have in the Southeast Asia market.

FJDynamics showcases its flagship geospatial solution, a LiDAR scanner, at the ConTech Summit 2024. The lightweight and portable scanner is a real-time cloud visualisation tool that empowers users to digitise environments for faster and accurate planning. The company and Hong Kong's Sanfield Construction Innovations Limited formed a joint venture and developed a smart control system for tower cranes integrated with artificial intelligence (AI), precise positioning, and machine learning. This solution improves the safety and efficiency of Modular Integrated Construction (MiC) lifting by minimising swing and enabling precise rotational adjustments. It also enables early detection as part of failure prevention and calculates the best route for lifting operations. The AI technology ensures a lifting accuracy rate of up to 90% and cut potential operational risks by 90%, with further improvement anticipated through machine learning.

Singapore ConTech Startup Lands Hong Kong

The Singapore startup Ailytics, a graduate of the "ConTech Accelerator Programme" that was co-organised by HKSTP and Construction Industry Council (CIC), also participated in the ConTech Summit to showcase its AI-powered video system designed for worksite safety. The startup successfully completed proof-of-concepts (PoCs) at a worksite in Hong Kong, managed by a key construction corporate partner arranged by HKSTP and CIC. Their solution has now been adopted in major projects in Hong Kong. Additionally, the up-and-coming startup has also landed in Hong Kong Science Park and enrolled in HKSTP's Incubation Programme this year, leveraging the city's strategic location as a launchpad for expansion into the Greater Bay Area (GBA), Mainland China, and beyond.

The Hong Kong SAR government is actively promoting technology within the construction industry, as demonstrated by the establishment of the Building Technology Research Institute (BTRi), which underscores the importance of innovation in advancing ConTech. HKSTP continues to drive I&T development in the built environment by nurturing startups, connecting them with corporate partners, and facilitating technology adoption. This alignment strengthens Hong Kong's position on the global stage as an international I&T hub.


Hashtag: #HKSTP

The issuer is solely responsible for the content of this announcement.

News from Asia

Peach Garden Celebrates Mid-Autumn Festival with Singapore Flyer-Inspired Mooncake Keepsake Gift Set

SINGAPORE - Media OutReach Newswire - 13 July 2026 - Peach Garden has unveiled its 2026 Mid-Autumn mooncake collection, headlined by the Graceful Showstopper, a keepsake gift set inspired by the...

Skyro Rolls Out Reusable Digital Credit Across the Philippines, Explores Opportunities in Southeast Asian Markets

MANILA, PHILIPPINES - Media OutReach Newswire - 13 July 2026 - Skyro, a digital-first consumer finance platform, today announced the nationwide rollout of SkyroCredit, its reusable digital credit ...

UEM Edgenta Cements Role In Delivering Pan Borneo Highway Sarawak

Empowering Local Workforce For Future Mega-ProjectsKUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 13 July 2026 - UEM Edgenta Berhad ("UEM Edgenta" or "the Company"), a leading Asset Management...

LEGOLAND® Discovery Centre Hong Kong Generously Presents This Summer: "The True NINJAGO® Trials"

Calling All Little Ninjas Across the City! Team Up to Battle Elemental Monsters and Celebrate 15 Years of NINJAGO®HONG KONG SAR - Media OutReach Newswire - 13 July 2026 - LEGO®NINJAGO®stands as o...

Happitat Unveils the New Global Landmark of Happiness, Opening 21 August

BANGKOK, THAILAND - Media OutReach Newswire - 13 July 2026 - Happitat today announced its official opening on 21 August2026, introducing the New Global Landmark of Happiness and the world's first...

OPEC Fund provides US$50 million to SeABank to boost small business and climate finance in Viet Nam

HANOI, VIETNAM - Media OutReach Newswire - 13 July 2026 - The OPEC Fund for International Development (the OPEC Fund) is providing a US$50 million loan to Southeast Asia Commercial Joint Stock Ban...

Hong Kong probate resource HK Probate Lawyer launches free wills-education site HK Wills Help to help the public plan ahead in plain language

As Hong Kong's population ages, the platform aims to lower the knowledge barrier around wills and estate administration and reduce future family disputes.HONG KONG SAR - Media OutReach Newswire - ...

DFT and OSMEP Invite Guangzhou Consumers to Discover Premium Thai Rice at "Thai Rice Roadshow"

BANGKOK, THAILAND - Media OutReach Newswire - 13 July 2026 - The Department of Foreign Trade (DFT), Ministry of Commerce of Thailand, together with the Office of Small and Medium Enterprises Pr...

2026 China Chief Economist Forum Held in Hong Kong, Focusing on 15th Five-Year Plan Opportunities

HONG KONG SAR - EQS Newswire - 13 July 2026 - On the afternoon of July 9, the 2026 China Chief Economist Forum (Hong Kong) was held at the Hong Kong Convention and Exhibition Centre in Wan Chai...

PolyU signs tripartite MoU with Dassault Systèmes and PAIEvo in Paris to advance cross-continental collaboration in research innovation

HONG KONG SAR - Media OutReach Newswire - 13 July 2026 - The Hong Kong Polytechnic University (PolyU) has signed a tripartite strategic Memorandum of Understanding (MoU) in Paris with globally ren...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...