Just announced are plans for a "cyberport" (see Heading for a Port in a Storm).
"The cyberport is one initial action, " says Anthony Au, president of the Hong Kong IT Federation.
Cyberjaya and CyberPort will undoubtedly have the most sophisticated wired offices and telecommunications facilities money can buy.
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The Cyberport is indeed a nice collection of buildings but it has not spurred many successful high-tech start-ups.
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Solidiance points to the city's tech cluster of Cyberport, envisioned in 1999 and built to help develop Hong Kong's IT industry.
Cyberport is almost completely full, and there is a certain confidence in the air of being called a Hong Kong technology professional.
The Hong Kong Science and Technology Park, also the Cyberport, both government sponsored incubators, contain many startups and have been operating for years.
Last year his group and the Hong Kong government announced that they were jointly developing the multi-billion dollar CyberPort, a high-tech incubation project.
These strands came together in 1999 in the Cyberport project, a property development disguised as an information-technology initiative, negotiated with the Pacific Century Group of Li Ka-shing, the most redoubtable of Hong Kong tycoons.
Attempting to stem the talent flow, and to make Hong Kong more tech-friendly, the Hong Kong government spent millions to develop Cyberport, an ultra-modern tech campus with state of the art infrastructure and its own start-up incubator program.
Hong Kong also sports the most convenient airport in Asia and the up-to-date tech zones Cyberport and Hong Kong Science and Technology Parks, though both have taken a while to catch on even as new hang-outs spring up in more central locations such as Cocoon.
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