Major tenant signs up for Cyberport

ESRI Hong Kong Limited (ESRI HK), a US-based company specialising in Geographic Information Systems technology, today (June 20) announced its decision to become a tenant of Cyberport - Hong Kong's major new IT infrastructure project at Telegraph Bay.

The company will occupy one floor with a total office area of over 1,800 square metres (some 20,000 sq ft), of Cyberport's Phase 1 building.

The Secretary for Information Technology and Broadcasting, Mrs Carrie Yau, welcomed ESRI HK's decision.

"The presence of this US-based company is a useful step forward as we start building up an IT cluster at Cyberport," she said.

It is one of the seven companies that have signed tenancy agreements to move into the newly-completed Cyberport Phase I building. Together, these tenants will take up about 80 per cent of the rental office space in Cyberport's first building.

"We are encouraged by the support given by ESRI HK which specialises in Geographic Information Systems IS. The company endorses the Cyberport concept and believes that it will help ESRI to push back the frontiers in this particular technology," Mrs Yau said.

"It will provide their professional staff with a campus-like environment - similar to that provided by their US headquarters; and is designed to nurture innovation and unleash creative synergy among a cluster of like-minded people."

Mrs Yau said the Cyberport was a comprehensive development that would help companies - local, overseas and multinational - of different sizes and at different stages of development to flourish. The professional community would enjoy intelligent offices, enormous bandwidth, a wide range of shared IT facilities, a cybercentre providing retail and entertainment facilities and a 5-star hotel.

The project is being developed in phases with overall completion scheduled for 2004.

Ends/Thursday, June 20, 2002