World’s largest science park owner to explore opportunities within NZ
The development of a new technology park here, similar to the Cambridge University facility, could represent a significant opportunity for the expansion of New Zealand’s science and tech sectors. The arrival of the world’s largest technology park developer to explore opportunities within NZ is set to boost the country’s scientific research infrastructure and support business growth through the commercialisation of innovations in the bioscience, agritech and healthcare sectors. Chinese owned Tus-Holdings, manages international assets of $48bn, operates 300 start-up incubators in 70 science parks in 100 cities around the world. The organisation has also partnered with over 200 tertiary education providers, including Cambridge University, to support the growth of thousands of companies over the past 30 years. A newly signed memorandum of understanding, signed by the company and New Zealand’s former ambassador to China in his current role as chairman of the Council of Next Federation, Tony Browne, could lead to a multi-million dollar local incubation facility established to help Kiwi food, health and other technology businesses access the Chinese market. As part of the agreement, Tus-Holdings will explore the joint construction of science and technology industrial parks in New Zealand, Australia and China to promote and commercialise innovation. Browne says if established, the development of a new technology park here, similar to the Cambridge University facility, could represent a significant opportunity for the expansion of New Zealand’s science and tech sectors. He says the company has a focus on the provision of facilities and opportunities for scientific research and its commercialisation. Browne says the potential benefits for New Zealand lie in the development of new research facilities, enhanced international connections, and the chance for startups and other companies to benefit from networks and guidance in developing and growing science-based initiatives. “Through its incubation and funding ecosystem, Tus-Holdings has helped […]