PolyU and Chinachem Group (Chinachem) have signed a Memorandum of Understanding (MoU) to drive innovative solutions for sustainable development in the Greater Bay Area (GBA).

Leveraging the combined strengths that PolyU has in interdisciplinary research and Chinachem has in property and community development, both parties will conduct three pilot research projects to explore innovative solutions and technology applications to promote carbon neutrality, an inclusive society and a green economy.

The industry-academia collaboration will see the two parties develop new technologies and systems to reduce carbon emissions and energy consumption at a next-generation data centre, explore new types of intergenerational housing for future Hong Kong community settlements in the GBA, and experiment with the use of blockchain technology to promote a green economy.

Under the MoU, Chinachem and PolyU will also explore further cooperation opportunities in areas including support for startups and entrepreneurs; the application and commercialisation of new technologies; and environmental, social and governance strategies and measurement.