News centre

Chinachem Group (Chinachem) and The Hong Kong Polytechnic University (PolyU) today signed a Memorandum of Understanding (MoU) to strengthen research collaboration among industry, academia and research organisations to drive innovative solutions for sustainable development of the Greater Bay Area (GBA).

The partnership leverages the combined strengths and experience of PolyU in interdisciplinary research with that of Chinachem in property and community development. The MoU sets out a framework for both parties to conduct three pilot research projects to explore innovative solutions and technology applications to help achieve the goals of carbon neutrality, an inclusive society and a green economy.

Through this industry-academia collaboration, Chinachem and PolyU will develop new technology and systems to reduce carbon emissions and energy consumption in a next-generation data centre, explore new types of intergenerational housing for future Hong Kong community settlements in the GBA, and experiment with the use of blockchain technology in promoting green economy.

As a socially responsible developer, Chinachem harnesses the full power of technology not only to accelerate construction and reduce costs but also to create what we term "Places with Heart." Joint efforts across industries are essential to achieving carbon neutrality by 2050. The signing of this Memorandum of Understanding is a valuable step forward in fostering business collaboration with academia and research organizations to pioneer innovative technological solutions.

Prof. Jin-Guang Teng said, “This industry-academic collaboration will see PolyU and Chinachem working together to create solutions for major sustainability challenges including energy consumption, climate change, an ageing population and the adoption of green behaviour. PolyU will continue to deepen its collaboration with key partners and stakeholders in society to proactively translate research outcomes into real-world solutions to foster more liveable and sustainable communities in Hong Kong, the Nation and the world.”

Under the MoU, Chinachem and PolyU will also continue to explore cooperation opportunities in areas including support to start-ups and entrepreneurship, application and commercialisation of new technologies, environmental, social and governance strategy and measurement, and carbon neutrality.