Loop Hong Kong Park draws nine bids for second batch of land parcels
The Hong Kong-Shenzhen Innovation and Technology Park received nine bids for the second batch of three land parcels in Loop Hong Kong Park. Bidders included tech firms, park operators and conglomerates. Results for the first two tender rounds will be announced by end of 2026.
HONG KONG – The Hong Kong-Shenzhen Innovation and Technology Park (Loop Hong Kong Park Company) said on Tuesday that its tender for the second batch of Phase 1 development projects, covering three sets of land parcels, drew a total of nine submissions. The company said the result reflected continued strong interest from the market and industry.
The participating bidders include frontier technology enterprises, companies with park operation experience, and major conglomerates, the company said in a statement.
This public tender covers three innovation and technology (I&T) land parcels mainly for laboratory or office use, and one of the parcels may optionally be paired with a talent accommodation land parcel.
Loop Hong Kong Park Company said that the results of the first two rounds of tender will be announced by the end of this year.
The land parcels rolled out across the two rounds of tender for Phase 1 will synergise with the first batch of eight buildings scheduled for full completion shortly, according to the company. Those include “Loop Academy One”, the flagship project for the Northern Metropolis University Town, which will convene top-tier universities and R&D institutions from mainland China, Hong Kong and overseas.
Loop Hong Kong Park Company said it will closely monitor market conditions and development needs, and continue to release land in a well-ordered and progressive manner.