| Date | Context | Summary of development | Action
|
|---|
| 2.9.98
| -
| Pacific Convergence Corporation (PCC) gave a presentation to the Government of Hong Kong Special Administrative Region (HKSAR) on the Cyberport proposal. Pok Fu Lam was identified as a prime location of the Cyberport. [Powerpoint presentation materials (English version only)]
|
|
| 21.9.98
| -
| Pacific Century Group (PCG) provided supplementary information of the following aspects on the proposed Cyberport development -
| Site and development proposals
| | Estimated employment opportunities
| | Economic impact issues
| | Financial issues
| | PCG commitments
| | Other countries' experiences
| | Attraction of multinational companies (MNCs)
| | | | | | | |
[Supplementary information (English version only)]
|
|
| 25.9.98
| -
| Mr Richard LI of PCG issued a letter to Mrs Rita LAU, Acting Secretary for Information Technology and Broadcasting Bureau, to address issues raised by Mrs LAU at their meeting held on 16.9.98. [Letter (English version only)]
|
|
| 12.10.98
| -
| PCG gave the 2nd presentation to HKSAR Government on the Cyberport proposal. [Powerpoint presentation materials (English version only)]
|
|
| 9.12.98
| -
| PCG gave the 3rd presentation to HKSAR Government on "Hong Kong Cyberport - A Proposed Way Forward". [Powerpoint presentation materials (English version only)]
|
|
| 11.12.98
| -
| Mr Alex Arena, Chief Executive Officer of PCC, issued a letter to Mr Donald TSANG, Financial Secretary (FS), on PCG's rationale as to why a Private Treaty Grant would be warranted for the Cyberport project. [Letter (English version only)]
|
|
| 8.1.99
| -
| Mr Alex Arena issued a letter to Ms Eva CHENG, Deputy Secretary for Information Technology and Broadcasting (DS(ITB)), on a comparative analysis of the options for the Cyberport. [Letter (English version only)]
|
|
| 14.1.99
| -
| Mr K C KWONG, Secretary for Information Technology and Broadcasting (SITB), issued a letter to Mr Richard LI of PCC stating the HKSAR Government's position on the Cyberport project. [Letter (English version only)]
|
|
| 19.1.99
| -
| PricewaterhouseCoopers, financial consultant appointed by PCG, submitted to Information Technology and Broadcasting Bureau (ITBB) an "Appraisal of the options for developing a Cyberport" (the Appraisal). The following three options for implementing the Cyberport project were considered -
| Option 1 - A Private Sector Led Development (a Public Private Partnership)
| | Option 2 - A Government Led Initiative
| | Option 3 - A Corporation Led Initiative
| | | |
[Letter (English version only)]
|
|
| 22.1.99
| -
| PricewaterhouseCoopers provided answers to various questions and clarifications which ITBB sought on the Appraisal. [Letter (English version only)]
|
|
| 25.1.99
| -
| PricewaterhouseCoopers provided ITBB with the amendments to Option 1 and Option 2 after evaluating the financial costs of the Government developing the Cyberport to the same specifications as Option 1 of the Appraisal (Option 2a). [Fax (English version only)]
|
|
| 26.1.99
| -
| PricewaterhouseCoopers provided ITBB with the analysis on Option 1, Option 2 and Option 2a based on the revised plot ratio (Cyberport: 1.0, Residential: 3.8). [Fax (English version only)]
|
|
| 26.1.99
| -
| ITBB handed to PCG a "Mode of Implementation: Possible Framework". [Paper (English version only)]
|
|
| 27.1.99
| -
| Mr Richard LI of PCG issued a letter to Mr K C KWONG, SITB, responding to the "Mode of Implementation: Possible Framework". [Letter (English version only)]
|
|
| 3.2.99
| -
| Mr A K CHUI of PCG issued a letter to Ms Eva CHENG, DS(ITB), on the revised assumptions for the "Appraisal of the options for developing a Cyberport" submitted by PricewaterhouseCoopers. [Letter (English version only)]
|
|
| 11.2.99
| -
| Mr K C KWONG, SITB, issued a letter to Mr Richard LI of PCG suggesting modifications to PCG's revised proposal outlined in PCG's letters dated 27.1.99 and 3.2.99. [Letter (English version only)]
|
|
| 12.2.99
| -
| The Administration met with PCG on SITB's letter dated 11.2.99. [Brief notes of meeting (English version only)]
|
|
| 15.2.99
| -
| Mr Richard LI of PCG issued a letter to Mr K C KWONG, SITB, in response to his letter dated 11.2.99 and deliberations made at the meeting on 12.2.99. [Letter (English version only)]
|
|
| 19.2.99
| -
| Mr Kam CHUI of PCG issued a letter to Ms Eva CHENG, DS(ITB), to follow up the issues raised in Mr Richard LI's letter dated 15.2.99. [Letter (English version only)]
|
|
| 23.2.99
| -
| Mr K C KWONG, SITB, issued a letter to Mr Richard LI of PCG suggesting the following two alternative proposals to take forward the project -
| Alternative #1 - The Government would grant PCG the development right to develop the Cyberport project under a turnkey construction arrangement.
| | Alternative #2 - The Government would grant the development right to a Joint Venture company set up between the Government and PCG to develop the Cyberport project under a turnkey construction arrangement.
| | |
[Letter (English version only)]
|
|
| 24.2.99
| -
| Mr Richard LI of PCG issued a reply to Mr K C KWONG, SITB, concluding that Alternative #1 offered the better way forward and suggesting some modifications to this alternative. [Letter (English version only)]
|
|
| 1.3.99
| -
| Mr Alex Arena, Chief Executive Officer of PCC, delivered Letters of Intent (LOI) signed with six IT companies as prospective office tenants of the Cyberport. [Letter (English version only)]
|
|
| 2.3.99
| -
| Mr K C KWONG, SITB, sent to Mr Richard LI of PCG an LOI for the Cyberport project. PCG signed and returned the LOI to the Government. [Letter (English version only)]
|
|
| 3.3.99
| BS
| In his 1999-2000 Budget Speech, FS revealed the Government's proposal to develop a "Cyberport" in Hong Kong. [Budget Speech "paragraphs 57 to 62"]
|
|
| 8.3.99
| ITB
| The Administration briefed members on the proposed Cyberport development. [Minutes]
|
|
| 29.4.99
| ITB, PLW
| The Administration briefed members on the details of the financial arrangements and progress of the proposed Cyberport project. Noting that the development rights of the project was awarded to PCG without going through an open tendering process, members expressed grave concerns on the following issues:
| a. | Whether the Administration had deviated from the established practices of land disposal and granting of project development rights;
| | b. | The decision making process and consultation with the industry; and
| | c. | Construction of the Cyberport and the proposed mode of operation.
|
In addressing members' concerns, the Administration explained that PCG was selected having regard to a number of factors, including its ability to line up major IT/IS companies to become anchor tenants of the Cyberport. [Minutes]
After the meeting, the Chairman of ITB Panel wrote to the Administration regarding the ways in handling conflict of interest amongst members of the Executive Council in the development of the Cyberport project. [Correspondences]
|
|
| 5.5.99
| ITB
| Members discussed the financial arrangements and progress of the Cyberport project. Members noted the following documents tabled at the meeting -
| a. | Construction Cost Estimates of the Cyberport Project - Cyberport Portion; [Paper] ;
| | b. | Examples of Works Projects Entrusted to Private Developers in Recent Years; and [Paper (English version only)]
| | c. | Checklist of concerns raised by members at the meeting on 29.4.99 [Paper]
[Minutes]
|
The following documents were circulated to all Members subsequent to the meeting -
| a. | Extract of the consultancy report on the economic benefits brought by the development of a Cyberport in Hong Kong (LC Paper No CB(1)1314/98-99(02), softcopy not available); and
| | b. | Correspondence between the Panel Chairman and Director of Administration on information paper prepared by the Administration for Members of the Executive Council for discussion of the Cyberport project. [Paper]
| | c. | Correspondences between Vincent T K Cheung, Yap & Co's, representing a group of publicly listed companies and the Administration on the proposed Cyberport development at Pok Fu Lam [Paper (English version only)]
| | d. | Two press releases dated 10.5.99 and 11.5.99 issued by Sirus Pacific Consultants Ltd, representing the 10 property development companies and the press release dated 10.5.99 issued by the Government. [Paper]
| | e. | Checklist of concerns raised by members at the meeting on 5.5.99 [Paper] |
|
|
| 12.5.99
| PWSC
| PWSC endorsed a commitment to upgrade part of 653CL to Category A at an estimated cost of $964 million in money-of-the-day (MOD) prices for the provision of roads, drains and the essential infrastructure for the Cyberport development. [Paper] [Follow-up paper]
|
|
| 21.5.99
| FC
| FC approved the funding proposal endorsed by PWSC on 12.5.1999. [Paper]
|
|
| 9.6.99
| ESC
| ESC endorsed the creation of two supernumerary posts of one Administrative Officer Staff Grade B (D3) and one Chief Engineer (D1) for a period of three years and an increase in the establishment ceiling from $25,746,000 by $3,166,560 to $28,912,560 in 1999-2000 for the creation of five non-directorate posts in the Information Technology and Broadcasting Bureau (ITBB) to oversee the Cyberport development. [Paper]
At members' requests, the Administration provided information on the tasks/duties to be undertaken by the proposed Cyberport Division of ITBB, PCG and the future Cyberport Company respectively; and the working relationship among them. [Follow-up paper]
|
|
| 9.6.99
| CQ
| Hon Christine LOH raised a question on the Environmental Impact Assessment on the Cyberport project. [Hansard]
|
|
| 14.6.99
| ITB
| The Administration briefed members on the progress of the Cyberport project. Members noted that the major tasks ahead would be negotiation of the project agreement with PCG.
At members' requests, the Administration agreed to update the Panel on a quarterly basis about the progress of the milestones or key developments in the Cyberport projects in the form of a chart.. [Follow-up paper]
|
|
| 16.6.99
| CQ
| Ir Dr Hon HO Chung-tai raised a question on the selection of the Cyberport tenants [Hansard "page 35"]
|
|
| 2.7.99
| FC
| FC approved the staffing proposal endorsed by ESC on 9.6.1999. [Paper]
|
|
| 13.9.99
| ITB
| The Panel discussed the paper on progress of the Cyberport project as at 31 August 1999 with 33 milestones under five broad types of activities: Infrastructural Works, Superstructure Construction, Gazettal of Project, Management, and Marketing and Promotion progress of the Cyberport Project. [Paper]
|
|
| 17.11.99
| CQ
| Ir Dr Hon HO Chung-tai raised a question on the change of the Pok Fu Lam Outline Zoning Plan for the Cyberport project. [Hansard, page "57"]
|
|
| 6.12.99
| FA
| In response to members' concern raised at PWSC meeting in 12.5.99 about the process through which the Administration arrived at the decision to grant the development right of the Cyberport project to a single private company without a tendering exercise, the Panel discussed with the Administration on the ground rules for special considerations of private sector initiatives. [Paper] [Minutes "page 9"]
|
|
| 14.2.00
| ITB
| The Panel was updated on the progress of the Cyberport project. [Paper]
The Administration reported that the Secretary for Information Technology and Broadcasting and the Secretary for the Treasury had been appointed as the directors of the Hong Kong Cyberport Management Co. Ltd.
|
|
| 8.5.00
| ITB
| The Panel discussed the paper on the quarterly progress report of the Cyberport project (May 2000) [Paper].
The Administration proposed to provide road access at both the northern and southern ends of the Cyberport site.
|
|
| 17.5.00
| PWSC
| PWSC endorsed a commitment to upgrade 653CL to Category A at an estimated cost of $231.8 million in MOD prices for the construction of the northern access road to the Cyberport development at Telegraph Bay and associated drains and waterworks. [Paper]
|
|
| 9.6.00
| FC
| FC approved the proposal endorsed by PWSC on 17.5.2000. [Paper]
|
|
| 12.6.00
| ITB
| The Administration briefed members on the major provisions of the Cyberport Project Agreement entered into with a company of the PCG. The agreement was signed on 17 May 2000. [LegCo Brief]
|
|
| 22.11.00
| PWSC
| PWSC endorsed a commitment to upgrade 241WF to Category A at an estimated cost of $117.2 million in MOD prices for the provision of additional waterworks facilities to extend fresh water supplies to the new developments in Pok Fu Lam. [Paper]
|
|
| 6.12.00
| CQ
| Hon Emily LAU raised a question on financial arrangements for the Cyberport Project. [Hansard page "75"]
|
|
| 11.12.00
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at 5 December 2000. In response to members' concerns, the Administration has revised the Master Layout Plan to provide for the conversion of the planned 148 residential flats into offices for the consideration of the Town Planning Board. [Paper] Noting that 27 standalone houses would remain to be provided for in the Cyberport Portion, members saw no compelling need for these houses as there was ample supply of standalone residential houses in the vicinity.
|
|
| 15.12.00
| FC
| FC approved the proposal endorsed by PWSC on 22.11.2000. [Paper]
|
|
| 9.7.01
| ITB | The Panel discussed the paper on progress of the Cyberport Project as at June 2001. [Paper]
Members were concerned whether the Cyberport could achieve the objective of attracting a strategic cluster of IT companies. Members also expressed concerns on the need to convert more residential units into office premises, the financial arrangement and management of the Cyberport project.
|
|
| 19.12.01
| CQ
| Hon Abraham SHEK raised a question on selection of tenants of the Cyberport. [Hansard page "8"]
|
|
| 8.2.02
| ITB
| The Administration briefed members on progress of the Cyberport Project as at February 2002. It highlighted the financial arrangement, tenancy matters, institutional arrangement and the Cyberport Institute.[Paper]
Members were concerned about the tenancy position, profiles of the Cyberport tenants, the composition of the Board of the Hong Kong Cyberport Management Company and the funding arrangements for the Cyberport Institute.
|
|
| 8.4.02
| ITB
| The Administration sought the Panel's support on the institutional arrangements and the staffing proposal for the extension of two supernumerary posts of one Administrative Officer Staff Grade B (D3) and one Chief Engineer (D1) to spearhead the Cyberport prior its submission to ESC [Paper]. Members noted the proposal without taking a position.
The Panel noted an information note prepared by the Secretariat summarizing members' concerns on tenancy matters at various meetings. [Information note]
The Panel discussed the paper on the updated tenancy position for phase I (CI) building of Cyberport. [Paper] Noting the unsatisfactory tenancy position of CI, some members called for more flexible leasing terms to attract potential tenants and to draw up a contingency plan to deal with the poor response. The Administration noted members' views and suggestions.
|
|
| 15.5.02
| ESC
| ESC endorsed the retention of two supernumerary posts of one Administrative Officer Staff Grade B (D3) and one Chief Engineer (D1) in ITBB for a period of 18 months to enable the secondment of two suitable officers from the Government to a management team set up under a private company owned by Financial Secretary Incorporated to spearhead the Cyberport development [Paper]
|
|
| 24.5.02
| FC
| FC approved the staffing proposal endorsed by ESC on 15.5.2002. [Paper]
|
|
| 8.7.02
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at June 2002. [Paper] Members expressed grave concern about the future take-up of office space in view of the prevailing economic conditions.
To ascertain the effectiveness of the Cyberport, the Administration was requested to inform members, on an aggregate basis, of the existing/past office space occupied by the tenant companies vis-à-vis space in the Cyberport and also the number of employees employed by the companies in the Cyberport.
|
|
| 30.10.02
| CQ
| Hon Emily LAU raised a question on effectiveness of the Cyberport project. [Hansard "page 85"]
Hon Audrey EU raised a written question on concessionary rent-free periods offered to Cyberport tenants. [Hansard "page 67"]
|
|
| 28.1.03
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at January 2003. [Paper] Members noted that only 3 out of 17 tenants were new companies in Hong Kong and that criticisms about the Cyberport being another property development project had not subsided.
On the proposed digital media centre (DMC), the Administration was requested to provide the Panel with more information on its mode of operation and charging arrangements.
|
|
| 21.7.03
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at July 2003. [Paper] The Cyberport Coordinator highlighted that the DMC was scheduled for completion in two phases in end 2003 and February 2004 while the Wireless Solutions Development Centre would be completed by November 2003.
Members also sought update on the financial arrangements, including the expected investment return for the Government.
|
|
| 12.1.04
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at January 2004. [Paper]
The Panel noted that a total of 28 companies had leased or committed to lease Cyberport offices. Six were new companies to Hong Kong and another six were newly established local companies. Most phases of the Cyberport Portion were completed while the sale of the units in the Residential Portion was underway.
Members considered that it was high time to conduct an overall review on the Cyberport project vis-à-vis its original objective.
An updated progress report on the Cyberport as at June 2004 was issued to members for reference on 24.6.2004. [Follow-up paper]
|
|
| 10.1.05
| ITB
| The Panel discussed the paper on progress of the Cyberport Project as at December 2004, which was an overall report on the project. [Paper] [Background brief prepared by the Secretariat]
|
|
| 2.2.05
| ITB
| The Panel discussed issues related to the newspaper articles on Cyberport authored by the Secretary for Commerce, Industry and Technology (SCIT) published on 26.1.05 and 27.1.05. [SCIT's newspaper article dated 26.1.05] [SCIT's newspaper article dated 27.1.05] [Table on chronology of past discussions on the Cyberport at Legislative Council committees prepared by the Secretariat] [Brief prepared by the Secretariat] [Follow-up paper]
The Administration has provided a paper on 18.2.05 in response to Members's requests raised at the meeting.[Follow-up paper]
Extract from the consultancy reports by Arthur Anderson Business Consulting [Follow-up paper (English version only)]
|
|
| 8.5.06
| ITB
| The Panel discussed with the Administration the progress report for 2005-06 and the business plan of Cyberport for 2006-07. [Paper]
[Background brief]
[Follow-up paper]
|
|
| 12.3.07
| ITB
| The Panel was briefed by the Administration on the progress of the Cyberport Project including the financial performance of the Project as reported in the audited accounts for the financial year ended 31 March 2006. [Paper] [Background brief] [Follow-up paper] [Follow-up paper] (English version only)
|
|
| 10.3.08
| ITB
| The Panel was briefed by the Administration on the progress of the Cyberport Project including the financial performance of the Cyberport Companies as reported in the audited accounts for the financial year ended 31 March 2007. [Paper] [Background brief] [Follow-up paper]
|
|
| 9.3.09
| ITB
| The Panel was briefed by the Administration on the progress of the Cyberport Project. [Paper] [Background brief]
[Follow-up paper]
|
|
| 8.2.10
| ITB
| The Panel was briefed by the Administration on the progress of the Cyberport Project. [Paper] [Background brief] [Follow-up paper]
|
|
| 14.3.11
| ITB
| The Panel was briefed by the Administration on the progress of the Cyberport Project.
[Paper]
[Background brief]
[Follow-up paper]
|
|
