Hong Kong border tech park’s second land tender draws nine bids

The Hong Kong-Shenzhen Innovation and Technology Park’s second land tender drew nine bids by its 20 October deadline, the South China Morning Post reported. The result concerns sites intended mainly for laboratories and offices at the border park, a project seeking to expand space for technology companies in Hong Kong.

The Loop Hong Kong Park Company, which operates the park, disclosed the result on Tuesday, according to the Post. The newspaper said frontier technology firms and major conglomerates were among the tenderers; it did not identify individual bidders. The company has not announced winning bids in the material cited here.

What the second park tender covers

Under the terms announced by the park company, successful bidders would be responsible for designing, building, financing and managing their parcels. Its evaluation system gives technical proposals a 70 per cent weighting and price proposals 30 per cent. The bid count therefore records interest in the tender, while the selection of developers depends on the evaluation process.

How the bids compare with the first tender

The park’s inaugural land tender received six bids at the end of August, the Post reported. The second tender’s nine bids follow nearly two months later and cover a separate offering. The figures show how many bids each round attracted, without identifying the proposed projects or establishing which companies will develop the sites.

The park company said in July that three buildings from its first batch had been completed and that two wet-laboratory buildings were fully leased. It also said more than 100 technology companies had signed to move into the park since its opening at the end of 2025. Those figures describe the park’s position when the tender was announced, before the latest bids were received.