Project background

Against the backdrop of global industrial restructuring and deepening technological revolution, Germany's two high-value-added industries—automotive and machine tools—leveraging their technology intensity and innovation-driven approaches, not only hold a core position in the domestic economy but also demonstrate strong competitiveness in the global market. They effectively drive Germany's economic growth, technological advancement, and industrial upgrading, continuously providing momentum for global industrial development, while harboring significant market potential and opportunities for cooperation. Simultaneously, small and medium-sized enterprises (SMEs) in Hong Kong's foundry industry are facing developmental challenges due to the impact of tariff policies. Under these circumstances, pivoting toward the German and European markets and leveraging the advantages of Germany's related industries to achieve business diversification and stable development has become a viable strategic direction for Hong Kong's foundry SMEs. Meanwhile, the Hong Kong Foundry Association actively applied to the Hong Kong Trade and Industry Department for funding support under the "Trade and Industrial Organisation Support Fund (TSF)" and successfully obtained approval.

This project, organized by the Hong Kong Foundry Association and entrusted to the Hong Kong Productivity Council as the implementing agency, is jointly committed to assisting Hong Kong SMEs in expanding into the German automotive manufacturing market and promoting the advanced casting capabilities of the local industry's precision casting technology. It actively promotes the competitive advantages of Hong Kong's foundry industry in the German market, creating more opportunities for Hong Kong enterprises to participate in the German automotive market.

By highlighting the advanced capabilities of Hong Kong's foundry industry in using precision casting technology to produce high-quality metal automotive casting components, the project provides opportunities for the Hong Kong foundry sector to expand its business in the German automotive market. This opens up broader market space for Hong Kong enterprises and fosters economic cooperation and development between the two sides.

Project objective

By promoting the comprehensive casting capabilities of the Hong Kong foundry industry in producing high-quality casting products using advanced die casting technology to deeply expand into the German automotive and machine tool market.

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