Mainland Chinese firm to build Northern Metropolis supercomputing centre

South China Morning PostEN 1 min read 100% complete by Emily HungMarch 2, 2026 at 12:03 PM

AI Summary

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Range Intelligent Computing Technology, a mainland Chinese firm, won the sole bid to build a supercomputing center in Hong Kong's Northern Metropolis. The company will pay HK$581 million for a 50-year land grant in Sandy Ridge and invest HK$23.8 billion over three years. The project aims to boost Hong Kong's computing power 36-fold by 2032, reaching 180,000 petaflops. Operations are expected to begin within 42 months, creating 180 skilled jobs and generating HK$4.6 billion in economic output during the first three years. The Hong Kong government expressed satisfaction with the outcome despite the single bidder.

Key Entities & Roles

Key Player Opposition Context

Sandy Ridge 50% Sun Dong ×270% China 70% Runze Technology Group 70% Northern Metropolis ×280% Range Intelligent Computing Technology 80% Hong Kong ×290%

Keywords

supercomputing centre 100% northern metropolis 90% computing power 80% data facilities 60% investment 50% tender 50% petaflops 40% economic output 40%

Sentiment Analysis

Positive

Score: 0.30

Source Transparency

Source

South China Morning Post

Classification Confidence

90%

Geographic Perspective

Hong Kong

This article was automatically classified using rule-based analysis.

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supercomputing centre northern metropolis computing power data facilities investment tender petaflops economic output

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