As a financial hub, Hong Kong is a leader and catalyst for the remarkable FinTech growth in the region, attracting talents, funds, tech, finance and energy companies to pursue renewable, clean,green and new energy projects and innovations.
AALCO is actively strengthening the business and legal environment in the Asia and Africa regions, empowering FinTech Firms and innovative talents from Egypt and here to collaborate and address global warming.
Taking advantage of “one country, two systems”, many FinTech start-ups have sprung up and taken root here, leveraging Hong Kong’s excellent technological infrastructure, international talent pool, and transparent and robust regulatory environment to continually introduce disruptive financial technology applications and unleashing “new quality productive forces”.
Hong Kong has placed strong emphasis on the integration of FinTech and renewable energy. It is accelerating the transition to a greener economy and with policy support, countless such start-ups dedicated to developing green solutions have emerged, infusing new momentum into our race toward carbon neutrality. The policies to encourage businesses to invest in green technologies and develop clean energy.
To achieve its “dual carbon” targets, China has been supporting the development of clean and new energy to unleash the full potential of “new quality productive forces”. The amount of wind and solar power generated in China is double that of the rest of the world.
Egypt with its high sunshine duration, has a huge advantage in solar energy and a tech talent powerhouse in the Middle East and north African region. It has more than 500,000 university graduates every year, a significant portion of whom focused on the tech field. Through active collaboration with other countries in Asia and Africa, Hong Kong can fortify its position as the leading regional talent hub.
AALCO Hong Kong Regional Arbitration Centre (“AALCO-HKRAC”) is well placed to support the promotion and expansion of the FinTech sector and talent development. In collaboration with the SAR administration and enterprises, AALCO-HKRAC shall be a facilitator and problem solver for talent looking to start businesses and seek employment in Hong Kong, allowing their innovative energy to flourish on this fertile ground and infusing new dynamism into global tech innovation.
With the gravitational pull of top talent, favorable policy and advanced tech, Hong Kong is steering itself toward a brighter, sustainable tomorrow!
