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Mainland tech firms eye Cyberport

Several mainland technology companies have expressed interests in leasing space at Cyberport and intend to lock up deals this year, according to a government official.

Cyberport co-ordinator Betty Fung Ching Suk-yee said on Tuesday: 'We are discussing terms with mainland companies. I'm sure we will see some Chinese companies at Cyberport.'

Mrs Fung said one large mainland company was considering moving part of its operations to the government technology project.

None of the existing 17 Cyberport tenants are mainland companies. Just two - Legend Holdings and Huawei Technologies - have signed letters of intent to take space.

The government is taking the initiative to attract mainland and overseas companies to the project after criticism that Cyberport, a joint venture with PCCW, was poaching existing tenants from other grade-A office developers.

By offering an average rental price of HK$11 per square foot, Cyberport managed to attract Swire Properties clients such as Microsoft and CSL.

This approach stirred controversy in Legco yesterday, where Mrs Fung delivered a progress report on the project.

Mrs Fung said Cyberport would seek to attract overseas companies or newly established companies as tenants.

Two of three recent tenants fit into these categories. A Switzerland company that provides thermal solutions for computer systems and a local software company are expected to lease small units in Cyberport's first phase.

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