(Hong Kong, 29 November, 2018) The Hong Kong Productivity Council (HKPC) announced today new initiative to expedite Hong Kong's reindustrialisation - it has signed an agreement with local intelligent intercom systems exporter NiRoTech Limited (NiRoTech) to establish its smart production line here in Hong Kong with digital manufacturing technologies, enabling the company to leverage on the "Made in Hong Kong" label and expand its local market presence.
Witnessed by Mr Mohamed D. Butt, Executive Director of HKPC, and Ms Nichole Yip, General Manager of NiRoTech, the agreement was signed today by Mr Edmond Lai, Director (Business Development) of HKPC and Mr Roberto Leone, Managing Director of NiRoTech representing the fruit from smart manufacturing and technology transfer. The project demonstrates another significant milestone, further to HKPC's partnerships with global renowned institutions and technology organisations, for the advancement of local enterprises pivoting Hong Kong's transformation into an international innovation hub.
Mr Edmond Lai said, "HKPC trusts that this collaboration is a good start for the development of high-end manufacturing in Hong Kong, based on new technologies and smart production but less land occupancy, and re-invigorating the ‘Made in Hong Kong' label. Through smart manufacturing technologies, not only can Hong Kong industries enhance their products, production costs can also be lowered whilst productivity can be increased. HKPC will continue to introduce state-of-the-art technologies with world class partners, to provide cost-effective smart manufacturing solutions, with the fostering of reindustrialisation for Hong Kong and guide local enterprises towards Industry 4.0 as its backbone."
The HKPC-assisted NiRoTech smart production line will use custom-built production machines and smart robots empowered with artificial intelligence for automated assembling and quality assurance. This will realise full automation and digitalisation in production, assembly and quality control. Data arising from the production line will go into NiRoTech's enterprise resource planning system, enabling analytics in all business aspects from production to customers for better business planning.
Mr Lewis Yip, Finance Director of NiRoTech, said, "Once the smart production line is in operation, we expect not only lifting of productivity, but also to be able to make feed-forward judgments for both quality assurance and sales forecast management. Despite global economic uncertainties, opportunities in the Belt and Road Initiative lie ahead for us to make use of the competitive edge of the Guangdong-Hong Kong-Macao Greater Bay Area. The collaboration with HKPC can lead us to grasp broader global opportunities."
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