The sixth edition of Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC), wound up this week as the finalists made their live, in-person pitches.
Hong Kong start-up RaSpect specialises in remote building inspections using drones to gather the data and artificial intelligence technology to process it – faster, more accurate, more comprehensive and safer method than traditional manual building inspections.
Inspired by the heat-resistant silver ants found in the Sahara Desert, Hong Kong start-up i2Cool Technology has developed iPaint, a patented cooling paint that can greatly reduce building power consumption and accelerate the city’s efforts to achieve carbon neutrality.
The annual International Construction Cost Index (ICC) by global design and consultancy organisation Arcadis indicated that social unrest in the second half of 2019 and COVID-19 this year have hit the construction industry hard, while environmentally friendly practices need to be more widely integrated to ensure a carbon-neutral future.
The past few months have seen significant developments at Oman's Duqm Special Economic Zone, a venture backed by Mainland China within the framework of the Belt and Road Initiative.