Subject category:
Economics, Politics and Business Environment
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 15 pages
Data source: Published sources
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
About
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.
Settings
Location:
Other setting(s):
1998-2005