A new building on Hong Kong’s southwestern waterfront will begin to change how the city supports and scales technology. Cyberport 5 is designed to operate as the core infrastructure of a tech park for innovation, housing computing power, connectivity, research space, translation of R&D into technology applications and commercial activity under one roof.
It forms part of the broader Cyberport campus, a government-backed digital innovation hub that brings together technology companies, research institutions, investors and public sector partners both locally and internationally to support the growth of artificial intelligence (AI) and data science, fintech, blockchain and digital assets, cybersecurity, smart living, digital entertainment and creative industries, and other strategic digital sectors.
“Cyberport serves as a key part in the development of Hong Kong as an international innovation and technology hub, contributing to the development of the Greater Bay Area (GBA) in Chinese mainland as an international center for technological innovation,” says Simon Chan, Cyberport’s Chairman.
Dr Rocky Cheng, Chief Executive of Cyberport says the expansion responds to a constraint that many technology firms face once they reach scale. He explains, “This expansion directly addresses the shortage of premium workspace with advanced digital infrastructure and quality living environments for scaling tech companies, providing a dedicated space that fosters innovation, translation and collaboration.”
The new 10-story development adds around 66,000 square meters of gross floor area, expanding the existing campus by 40%. It is designed to support companies that have moved beyond early-stage incubation and now need space, systems and access to advanced infrastructure to grow without leaving the city.
Accelerating Long-Term Growth for Global Enterprise
Cyberport, as Hong Kong’s digital tech hub and AI accelerator, is wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government. It brings together over 2,300 companies, including 17 listed companies and 8 unicorns, with one-third of onsite founders hailing from 27 countries and regions. While Cyberport supported its companies to expand to over 36 markets globally, the focus is also on keeping them anchored locally as they grow.
Through the Cyberport Investors Network, which brings together over 220 investors worldwide, and the Cyberport Macro Fund, which co-invests in high-potential startups, Cyberport has facilitated more than HK$6 billion (US$770 million) in combined investments. Overall, Cyberport startups have raised more than HK$46.2 billion (US$5.93 billion) over the years.
Hong Kong’s strategic position within the GBA, along with its global connectivity, gives Cyberport a significant advantage. Cyberport’s Chairman Chan sees the tech park as a “super-connector” and “super value-adder,” linking Hong Kong’s international research base and financial system with the manufacturing and market scale of the GBA region, while also tapping into the immense potential and demand for digital technology solutions in overseas markets.
“With Cyberport 5 as the latest advanced infrastructure, supported by global alliances in the Middle East, ASEAN and beyond, we can attract more strategic enterprises and talent from overseas and the Chinese mainland, while bolstering our homegrown startups to expand worldwide,” Chan says.
Cheng adds: “For enterprises setting foot in Cyberport with ambitions for expansion, we aim to springboard them to success through ‘Cyberport Connect’—connecting them with local partners to globalize their products and services; connecting them to investments from Hong Kong, Chinese mainland and overseas; connecting them to overseas markets in ASEAN, the Middle East and beyond for expansion; and connecting them with opportunities to get listed in Hong Kong and abroad.”
Cyberport as Hong Kong’s AI Hub
AI sits at the center of Cyberport’s strategy, reflecting Hong Kong’s wider economic direction and its alignment with the Chinese mainland’s AI+ initiative. Cyberport is home to more than 500 AI and big data companies. Partnerships with universities and global technology firms support applied research, while regulatory sandboxes allow new AI tools to be tested in regulatory environments. One example is the Generative AI (GenAI) Sandbox launched jointly by Cyberport and the Hong Kong Monetary Authority, which allows banks and technology providers to trial over 40 GenAI applications in areas such as risk management and fraud detection, transforming the financial industry with GenAI.
“Cyberport is building a holistic AI ecosystem spanning computing power development, data, general and specialized large language models, model risk assessment, industry applications, governance and ethics research, and talent cultivation to accelerate intelligent transformation across society and industries,” Cheng says. “We’re providing the scale and infrastructure Hong Kong needs to compete for talent and capital. Our goal is clear: empower businesses to adopt AI, boost efficiency and unlock growth.”
Supercomputing Engine Powering Hong Kong’s AI
Cyberport 5 is closely linked to the Artificial Intelligence Supercomputing Centre (AISC) and Tier III+ data center, giving companies direct access to high-speed connectivity and large-scale computing.
AISC has quickly become the city’s core infrastructure for AI, offering ready to use, high-end computing that speeds up deployment and keeps sensitive workloads within local compliance and data residency frameworks. Cyberport says the shared platform cuts the cost and time of maintaining GPU stacks, allowing universities and companies to accelerate training and inference.
The facility is now delivering 3,000 petaflops and has lifted Hong Kong’s total computing power to 5,000 petaflops. With the HKSAR Government’s HK$3 billion (US$380 million) subsidy scheme, 20 projects from universities, R&D institutions and companies leveraged supercomputing power to enhance R&D in large language models, new materials, synthetic biology models and medical large models. AISC users, including academic institutions such as the University of Hong Kong, appreciated AI empowerment in R&D, while the transnational corporation Ricoh and startups Pivotal Technologies and KBQuest cited faster model responses, shorter generation times and enterprise-grade privacy based on their experiences with AISC. Cyberport explores to expand the subsidy scheme to benefit the wider economy with efficiency elevation through AI.
Powering the Low-Altitude Economy
Cyberport is emerging as a key driver of Hong Kong’s low-altitude economy (LAE), serving as a regulatory sandbox for drone trials spanning 5G streaming, building inspection, drone pyrotechnics, smart aerial logistics and more. It also boasts the city’s first drone sports center for training in drone athleticism. The LAE ecosystem at Cyberport also attracted major players such as Harmony Technology, which specializes in low-altitude aerial management to land. Cyberport 5 is set to facilitate larger-scale drone testing with enhanced facilities.
With the Cyberport ecosystem in full swing, Hong Kong is well positioned to play a key role in the digital economy, providing an AI+-ready hub that attracts global talent, innovation and capital for strategic enterprises and tech companies to converge in the city and thrive.
