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Abstract

As Hong Kong emerged from the Asian recession in March 1999, a landmark real estate development was announced. The US$2 billion development known as Cyberport was intended to create a strategic cluster of quality information technology (IT) and IT-related companies that would help Hong Kong become the leading digital city within the region. To realise the project, a public-private partnership (PPP) agreement was signed between the government and a company led by Richard Li, son of Li Ka-Shing. This research note looks at the events leading up to the PPP agreement and evaluates the government?s investment.
Location:
Other setting(s):
1998-2005

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Abstract

As Hong Kong emerged from the Asian recession in March 1999, a landmark real estate development was announced. The US$2 billion development known as Cyberport was intended to create a strategic cluster of quality information technology (IT) and IT-related companies that would help Hong Kong become the leading digital city within the region. To realise the project, a public-private partnership (PPP) agreement was signed between the government and a company led by Richard Li, son of Li Ka-Shing. This research note looks at the events leading up to the PPP agreement and evaluates the government?s investment.

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Location:
Other setting(s):
1998-2005

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