Скачать или смотреть Business 2.0: Francis Ngai’s virtuous vision for Hong Kong’s first ‘smart city’

[In partnership with Grand Central] Kwun Tong may be positioned as the city’s Central Business District 2, as part of the government’s Energizing Kowloon East development programme, but the plan isn’t as straightforward as simply building Grade A office buildings and luxury malls.

As Kwun Tong transforms from an industrial district to Hong Kong’s first smart city, a wave of fresh energy has filled the area with potential to cultivate a new breed of business.

Francis Ngai Wah-sing, founder of social enterprise incubator Social Ventures Hong Kong, says it’s time to redefine what it means to be ‘successful’ by encouraging businesses to be driven not only by profits, but also by impact.

“Leaving social issues to nonprofits or the government isn’t working anymore,” says Ngai. “We need to find a hybrid, a middle ground. How can we generate the economic values but at the same time, take care of the city?”

Read more: https://sc.mp/06e45

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