Saturday, 29 June 2013

Superpower China recognises Scotland's low carbon technology expertise

Scotland and China sign Memorandum of Understanding.
Scotland's low carbon technology expertise has been recognised by superpower China following the signing of an agreement between the two countries.

The agreement, in the form of a Memorandum of Understanding (MoU), aims to develop cooperation and a knowledge transfer framework with the Hong Kong Science and Technology Corporation.

The MoU will leave Scottish firms well placed to be involved as the Hong Kong Special Administrative Region develops a low carbon technology hub to tackle its biggest environmental concerns.

The low carbon technology hub will focus on air quality, construction and waste management.

Brokered by Scottish Development International (SDI), the MoU will give Scottish companies access to research and development facilities at Hong Kong Science Park - offering easier access to growth markets in Greater China and throughout Asia.

Opportunities for Scottish firms are anticipated in a number of areas, including:

  • Biofuels and bioenergy
  • Clean transport initiatives
  • Low Carbon finance, education, policy and market structure
  • Smart sustainable cities and islands
  • Waste Management
  • Low carbon sustainable building construction
  • Renewable energy
  • Air quality

Humza Yousaf, Scotland's Minister for External Affairs and International Development, said, "Scotland has the skills, the know-how and the low carbon technology to help tackle the world's environmental challenges, and this agreement will reinforce our reputation as a global leader in this field."

Mr. Nicholas Brooke, Chairman of Hong Kong Science and Technology Parks Corporation (HKSTPC), said, "I am confident that the signing of this MoU will drive closer collaboration between HKSTPC and Scottish companies, particularly in the area of green technology development. We hope it will encourage and accelerate research and development partnerships and exchanges between both locations. We warmly welcome Scottish low carbon companies to make Hong Kong Science Park their home in Asia."

Speaking at the signing of the MoU, Anne MacColl, SDI's chief executive, added, "This agreement sends a clear message that Scotland is one of the world's leading authorities on low carbon energy developments.

"There is significant economic opportunity for Scotland to gain early competitive advantage through the adaptation of existing technology and the design and development of new products and services.

"This agreement with Hong Kong is just one example of how we are working with international partners to facilitate opportunities for Scottish companies to enter new markets with vast opportunity for development."

Earlier, Mr. E Anthony Tan, Chief Executive Officer of HKSTPC explained, "Hong Kong Science Park's Phase 3 is currently being developed and is scheduled to complete in stages from early 2014 to 2016. Employing an array of green features, this latest phase of the Park will become a living laboratory to showcase green technologies. Phase 3 aims to be carbon neutral in the long run and will be the perfect base for low carbon companies."

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