Hong Kong is a vibrant city that is growing very fast. With a population of 7 million and hot weather, there is a great demand for air conditioning, which is very energy consuming. With the desire to go green, Hong Kong will soon need new technologies in its buildings to help cool the air and clean it, while reducing the energy consumption. Another reason for this is the fact that the real estate in Hong Kong is very expensive. It clearly appears that they try to render the costs by maximising the space use everywhere, but they do not cut on in the air conditioning. This is why, by implementing new ways to get the building more energy efficient, by getting it to keep cool with less electricity, the cost of commercial and residential spaces would be lower. This would be a long term investment that the Hong Kong industry would be interested in. This is an exciting opportunity for Canadian green building and green tech businesses to bring their advancement and innovation in this sector to this fast growing city.
The rest of China, who will do this transition quickly afterwards, is a massive market that will need these services and expertise. For this, Hong Kong is a great gateway to this huge market.