Mainland Chinese firm to build Northern Metropolis data cluster facility

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AdvertisementHong Kong economyHong KongSocietyMainland Chinese firm to build Northern Metropolis data cluster facility

Range Intelligent Computing Technology to commence operations in 42 months, with a cumulative investment of HK$23.8 billion over the first three years

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The Sandy Ridge Data Facility Cluster site is situated in the Northern Metropolis. Photo: Dickson Lee

Emily Hung

A mainland Chinese firm has secured the tender to build a data cluster facility in Hong Kong’s Northern Metropolis as the sole bidder, agreeing to pay a premium of HK$581 million (US$74.25 million) and boost the city’s computing power 36-fold.

Unveiling details of the plan on Monday, Secretary for Innovation, Technology and Industry Sun Dong said the winning bidder was Range Intelligent Computing Technology, whose parent company, Shenzhen-listed Runze Technology Group, specialises in developing and operating high-end data facilities on the mainland.

On a land grant of 50 years at Sandy Ridge in the Northern Metropolis megaproject, the winning bidder proposed commencing operations within 42 months, with a cumulative investment of HK$23.8 billion over the first three years, from development to initial launch.

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During its first three years of operation, the project is expected to create 180 skilled positions and generate an economic output of HK$4.6 billion.

By 2032, Hong Kong’s computing power is expected to reach 180,000 petaflops – equal to 180,000 quadrillion calculations per second – equivalent to 36 times the current capacity.

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Sun said that although only one company participated in the tender exercise, the government was satisfied with the outcome.

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