Magazine article Business Asia

Hong Kong to Chase Data. (Eye on Hong Kong)

Magazine article Business Asia

Hong Kong to Chase Data. (Eye on Hong Kong)

Article excerpt

Hong Kong is keen to position itself as an ideal back-up data centre for organisations globally as the importance of disaster recovery systems increases, Invest Hong Kong's associate director general John Rutherford says.

Hong Kong, which has been busy trying to identify new growth areas as more and more businesses bypass it and head directly to the Chinese mainland, is an ideal place to store back-up data, according to Rutherford. Rutherford is in charge of attracting and retaining foreign direct investment in the IT; telecommunications, media and multimedia; technology (electronics and biotechnology); and the tourism and entertainment sectors at Invest Hong Kong.

"I think disaster recovery is an area that we have to look at harder," Rutherford says. "After 11 September, companies all over the world are saying that we need to have a back-up, and are asking where is it safe to put that back-up? I would argue that there's not many more safer places than Hong Kong."

Apart from the security angle, it is Hong Kong's advanced telecommunications infrastructure that makes it an ideal data centre, Rutherford says.

"We liberalised our telecoms industry far ahead of other people. Broadband take up is tremendous--it's in over a third of households," he said. "The infrastructure in place there is tremendous."

Prime target

Rutherford says Australia is a prime target for Invest Hong Kong as it has an impressive list of young, up and coming technology companies. It is these companies that Rutherford says Hong is keen to have within its borders. …

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