Business Daily Media

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

HKTDC Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo will open this October

The upgraded Hall of Connected Lighting spotlights lighting designs, innovations and solutions HONG KONG SAR - Media OutReach Newswire - 7 October 2024 - Fair websites Hong Kong International ...

Season Opener – CBRE Lantau 2 Peaks: Chan overcomes leg cramps to take overall Mens while Zhu says the watermelon saved her and helped with her victory

HONG KONG SAR - Media OutReach Newswire - 7 October 2024 – Sometimes in October Hong Kong gets typhoons and thunderstorms, while on rare occasions at the season opener CBRE Lantau 2 Peaks there is...

Novautek Launches Autonomous Driving Robot to Address Pain Points in Traditional Industries, exhibiting at Inno4life - Creative Culture and Technology Innovation Exhibition

HONG KONG SAR - EQS Newswire - 7 October 2024 - Novautek Autonomous Driving Limited ("Novautek"), specializing in artificial intelligence and autonomous driving technology innovation, showcased a ...

World Economic Forum welcomes "SARABURI SANDBOX LOW CARBON CITY" a new member of Transitioning Industrial Clusters Initiative, accelerating Thailand’s green energy transition

BANGKOK, THAILAND - Media OutReach Newswire - 7 October 2024 - Thai Cement Manufacturers Association (TCMA) reveals another step forward of "SARABURI SANDBOX LOW CARBON CITY" to the World Economic...

ICONSIAM Wins Asia’s Most Innovative Shopping Experience Award from Cathay Members' Choice Awards 2024

Reinforcing Its Status as the No. 1 Global Destination for Tourists Worldwide BANGKOK, THAILAND - Media OutReach Newswire - 7 October 2024 - ICONSIAM, the global landmark along the Chao Phraya Riv...

TDCX Malaysia Recognized as Frost & Sullivan’s 2024 Malaysian Customer Experience Management Services Company of the Year Award

SINGAPORE - Media OutReach Newswire - 8 October 2024 - TDCX Malaysia, a company in the TDCX Group, an award-winning digital customer experience (CX) solutions provider for technology and blue...

ATFX Announces Strategic Investment in Spark Systems to Enhance Institutional Offerings

LONDON, UNITED KINGDOM - Media OutReach Newswire - 8 October 2024 - ATFX is pleased to announce its strategic investment in Spark Systems, a next generation, institutional-grade eFX trading platfo...

GNC Makes a Triumphant Return to Singapore with Watsons Partnership, Revitalising Health and Wellness Offerings

SINGAPORE - Media OutReach Newswire - 8 October 2024 - Watsons Singapore, the number one health and beauty retailer in the region, is elated to announce its partnership with GNC, a globally recogn...

Alcatel-Lucent Enterprise announces partnership with DIGICOM to elevate network and communications solutions in the Philippines

MANILA, PHILIPPINES - Media OutReach Newswire - 8 October 2024 - Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions enabling organisations and industri...

One Bangkok: a transformative urban district opening its doors on 25 October 2024

Frasers Property unveils its holistically integrated development in Bangkok, redefining urban living One of Thailand's largest private sector developments, One Bangkok, with an inve...

5 Key Benefits of Webinars for Your Business

Webinars or online seminars are trendy, especially during this pandemic when face-to-face interactions are limited. Unlike in-person seminars, web...

Business Training

What a Labor Government means for housing affordability and the Australian property market

Housing was a defining issue of this month’s Federal Election and the Labor party’s win brings with it a raft of policy measures designed to address t...

Property

6 Ways to Improve Customer Experience

When it comes to a great customer experience, how you treat your customers, the quality of your products or services, and the overall customer jou...

Business Training

Why Leadership Training Should Be Open For Freshers In The Corporate Sector

Yes, we know not everyone wants to become a leader - not everyone has leadership skills inside them. We agree, but then that is no reason why you ...

Business Training

The Fast Track to Home Selling: A Comprehensive Guide to Quick Sales

The pace of the real estate market varies widely based on several factors, including location, property value, and current economic climates. For ma...

Property

6 ways to save electricity while working from home during COVID-19

With many Aussies now working from home due to Government-mandated restrictions, there may be concerns that staying home could be driving up energy ...

Business Training