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500,000 sq. m of land, with the layout plan confirmed in August of
            the same year. As of February 2021, 138 research projects, the   Figure 8    Ways by which the Co-operation Zone
                                                                                   fosters HK-SZ sustained development

            majority of which are focused on biotech, have been implemented
            and completed in the Shenzhen park. Many of these projects are                                        One-stop
            collaborations with Hong Kong institutes, including the Clinical               Biotech                 service
            and Translational Medical Research Centre of the University of   Subsidiaries of   Mega Research   Star and   platform
                                                                                           Institute
                                                                                                       unicorn
                                                                           the competent
            Hong Kong-Shenzhen Hospital, the Institute of Virology of HKU     national                enterprises
            and the Wet Lab for Brain Science of HKUST.                      authorities
            | Driving HK-SZ sustained development
              with the Co-operation Zone

            Hong Kong and Shenzhen can leverage their complementary
            advantages to achieve win-win co-operation. As engines of growth
            in I&T development within the GBA, the sum of the two are greater
            than their parts. In order to address the lack of coordination






            21   In August 2020, the Futian District Government issued “Supporting Measures for
              technological research, innovation and entrepreneurship in Shenzhen Innovation and
              Technology Zone of Shenzhen-Hong Kong Innovation and Technology Co-operation
              Zone” (《深港科技創新合作區深圳園區科研及創新創業若干支持措施》) Subsequently, in
              January 2021, the “Supporting Measures for technological research, innovation and
              entrepreneurship in Shenzhen Innovation and Technology Zone of Shenzhen-Hong Kong
              Innovation and Technology Co-operation Zone at the Loop (《河套深港科技創新合作區深             The
              圳園區科研及創新創業若干支持措施》)” was revised and published.                                     Loop
            22   Hong Kong park is developed in two phases, which are each divided broadly into three
              batches. Three buildings are set to complete in stages in 2024–25 during the first batch      Hong
              of the first phase; another five buildings will be completed in 2025–27. Four buildings of   Shenzhen  Kong
              the entire batch are mainly designated as wet labs.
            23   The four innovation platforms include the Hong Kong-Shenzhen Innovation and
              Technology Park, International Biomedical Industrial Park, International Quantum
              Research Institute and Shenzhen-Hong Kong Synergistic Innovation Centre.
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