Changan Automobiles is setting up a research and development centre at the Science Park on University Boulevard.
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Only a quarter of migrant workers in the cities were covered by pensions in 2010, compared with four-fifths of locals, according to Albert Park of the Hong Kong University of Science and Technology.
ECONOMIST: China is beginning to face up to its pension problems
"Other countries are old and rich, " said Albert Park, a professor at Hong Kong University of Science and Technology and another survey leader.
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One of the selling points for the science park, says Mr Maltes, was that a local university was meant to occupy a building on the site.
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