April 2026 | APAC Innovation & Technology News – Cyberport has signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA), acting through Thailand Science Park (TSP), to strengthen cross-border collaboration in innovation and technology (I&T) between Hong Kong and Thailand.
The partnership marks a major step in expanding regional startup ecosystems and digital innovation across ASEAN markets.
Strategic Collaboration to Drive Cross-Border Growth
The agreement builds on an existing relationship between the two organisations since 2024 and aims to:
- Create market access opportunities for startups in both regions
- Enable cross-border collaboration and ecosystem integration
- Promote knowledge sharing and joint innovation initiatives
The partnership will focus on high-growth sectors such as:
👉 Artificial Intelligence (AI)
👉 Smart city solutions
👉 Digital technologies
Supporting Startups with Market Access & Expansion
A key highlight of the collaboration is the creation of a reciprocal gateway for startups, enabling them to expand into:
- Hong Kong and the Greater Bay Area
- Thailand and broader ASEAN markets
Startups will benefit from:
- Soft-landing programmes
- Industry partnerships
- Proof-of-concept opportunities
- Access to investors and corporate networks
This initiative is expected to significantly improve international scaling opportunities for deep-tech and digital startups.
Leadership Perspective
According to Simon Chan, Chairman of Cyberport:
“NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs.”
He further added:
“Cyberport, as Hong Kong’s digital tech hub, AI accelerator and key incubator, supported companies to have expanded to Thailand, the broader ASEAN region along the Belt and Road, and over 35 markets worldwide. NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. This partnership significantly expands our bilateral collaborations in company soft-landing, ecosystem connection and proof-of-concept initiatives. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs, to capitalise on new opportunities for digital economy and smart cities under the AI+ era.”
Strengthening ASEAN’s Innovation Infrastructure
National Science and Technology Development Agency plays a central role in Thailand’s R&D ecosystem, operating Thailand Science Park—the country’s largest science and technology hub.
Key Highlights of TSP:
- Established in 2002
- Houses 120+ technology companies
- ~40% international firms
- Supported by five national research centres, including:
- Biotechnology
- Electronics & computing
- Nanotechnology
- Materials science
- Energy
This infrastructure positions Thailand as a key innovation hub in Southeast Asia.
Joint Initiatives Under the MoU
The partnership will enable several collaborative initiatives:
- Startup incubation and ecosystem participation
- Joint seminars, forums, and networking events
- Cross-border research and industry collaboration
- Pilot projects and proof-of-concept deployments
- Business expansion support for tech companies
Additionally, Thailand Science Park will enhance the partnership through its Scale X Landing Programme, designed to accelerate international startup entry into the Thai market.
Cyberport’s Global Expansion Strategy
Cyberport continues to expand its international partnerships across:
- ASEAN
- Middle East
- East Asia
- North America
With over 2,300 companies, including startups, unicorns, and listed firms, Cyberport is positioning itself as a global innovation gateway.
Market Outlook: Rise of Cross-Border Innovation in APAC
This collaboration reflects a broader trend in the Asia-Pacific region:
👉 Increasing focus on regional tech ecosystems
👉 Growing importance of cross-border startup scaling
👉 Strong push for AI and digital economy development
Partnerships like this are expected to play a critical role in shaping the next phase of global innovation and startup growth.
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Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.