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SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O.

As Hong Kong’s largest data centre service provider, SUNeVision operates a total of eight facilities across the territory, including MEGA IDC. Phase One of MEGA IDC, launched successfully last year, delivered approximately 500,000 square feet of gross floor area (GFA) and 50MW of power capacity. The facility has already attracted major cloud service providers and international banks to move in as customers. In response to strong market demand, construction of Phase Two has begun ahead of schedule. This phase will add around 350,000 square feet of GFA, with completion scheduled for 2026/2027.

The initiation ceremony for Phase Two was officiated by Deputy Financial Secretary Michael Wong, SHKP Chairman & Managing Director and SUNeVision Chairman Raymond Kwok, SHKP Executive Director and SUNeVision Non-Executive Director Christopher Kwok, and SHKP Executive Director and SUNeVision Vice Chairman Allen Fung. The ceremony marked a significant milestone for this key infrastructure project and was celebrated alongside prominent industry leaders.

Mr Michael Wong said at the ceremony that the government is fully committed to advancing AI development in Hong Kong. As Financial Secretary said in his Budget Speech, AI is at the core of developing new quality productive forces and Hong Kong should develop AI as a core industry. The investment in MEGA IDC, exceeding HK$15 billion, combined with tenant equipment investments, is expected to draw tens of billions in total investment to Hong Kong. He praised SHKP and SUNeVision for their confidence in Hong Kong’s future, demonstrated through significant investments that underscore their commitment to establishing Hong Kong as a leading data centre hub in the Asia Pacific, a commitment deserving full recognition and support.

Mr Raymond Kwok said: “Innovation and technology (I&T) is the cornerstone of new quality productive forces and plays a pivotal role in driving Hong Kong’s economic development. For years, SHKP has consistently invested in technological applications and state-of-the-art facilities to enhance Hong Kong’s new productive forces. As part of these efforts, SUNeVision is committed to building a world-class AI network infrastructure, strengthening Hong Kong’s connectivity with the mainland and global advanced technology markets.”

He added: “Despite the long investment return period for MEGA IDC, the Group remains committed, reflecting its role as a provider of ‘patient capital’ for Hong Kong and its confidence in the development of the data industry. In line with State Council Vice Premier Ding Xuexiang’s call to invest early, focus on the long-term growth and support ‘hard technologies’, SHKP will leverage its world-class data infrastructure to drive Hong Kong’s technological development. This will reinforce its role as a bridge connecting the mainland with the global technology world, enhancing Hong Kong’s competitiveness in the international AI arena.”

MEGA IDC – Hong Kong’s Largest Hyperscale Data Centre 

The total investment in the MEGA IDC project exceeds HK$15 billion. Upon completion of the three phases, the facility will offer approximately 1.2 million square feet and of GFA and over 180MW of power capacity, making it the largest hyperscale data centre in Hong Kong. Designed to meet the space and power needs of cloud service providers and AI customers, this cutting-edge facility is at the forefront of fostering AI advancements and advancing Hong Kong’s I&T sector. 

Mr Christopher Kwok said: “MEGA IDC, as an AI-ready data centre, stands out for its strategic location and advanced facility design. This site was specifically designated by the government for the development of high-tier data centres. Our infrastructure is highly resilient, with multiple backup power systems that not only meet the high energy demands of AI customers but also ensure ultra-low latency and uninterrupted operations. The facility’s physical security is built to the highest standards, with round-the-clock surveillance and biometric access controls, providing comprehensive protection for both the infrastructure and data. The SUNeVision team has travelled around the world to learn from the technical and management expertise of leading data centres worldwide, and conducted in-depth research into the specific needs of multinational financial institutions and cloud service providers. By implementing the highest standards in its facilities, MEGA IDC delivers comprehensive, high-quality services and is fully prepared to adapt to the evolving demands of the technology market.”

State-of-the-art Facility Captures Unprecedented AI Opportunities 

The rapid evolution of AI has driven the growth of AI applications and inference technologies, creating a rising demand for high-quality, high-density data centres in Hong Kong. MEGA IDC is equipped with seven on-premise 132kV 75MVA transformers spanning Phase One and Phase Two, delivering stable, abundant, and high-quality power to meet present and future needs. 

The data centre employs a modular design approach with a 5.7m slab-to-slab height and a robust 20kPA floor loading capacity, allowing customers to place their most advanced and mission-critical equipment.  

Strategic Addition to SUNeVision’s Portfolio 

Upon completion of the full MEGA IDC project, SUNeVision’s eight data centres will provide over 280MW of power capacity across three million square feet of GFA in Hong Kong. The development reinforces SUNeVision’s leadership in the digital infrastructure sector and positions the company to support both global and mainland cloud and AI companies as they expand in the Asia Pacific region. 

Sun Hung Kai Properties (SHKP) today announced the launch of the second phase of the commercial component of the Sai Sha mega integrated development, GO PARK Sai Sha (Phase 2). Located in the Sai Sha residences and adjacent to a transport interchange, it will include nearly 56,000 square feet of mall space, encompassing dining, retail, education and healthcare services. Together with the shops in GO PARK Sai Sha (Phase 1), GO PARK Sai Sha will feature over 80 tenants.

Phase 1 is the sports and commercial complex, which together with the approximately one million square feet outdoor sports park, GO PARK Sports, was officially opened in January. With themed celebrations and festive promotions, GO PARK Sai Sha (Phase 1) attracted over 500,000 visitors within the first two months. 

GO PARK Sai Sha (Phase 2) will welcome over 40 new tenants, providing a diverse range of services, including daily living essentials, healthcare and education. Notably, three flagship brands have confirmed their presence: the YATA Japanese Lifestyle Store, ESF Renaissance College Kindergarten and the CUHK Medical Clinic (Sai Sha), which are set to commence trial operations in the fourth quarter of 2025.

YATA Japanese Lifestyle Store
Spanning approximately 10,000 square feet, YATA offers a modern Japanese lifestyle shopping experience, featuring a curated selection of fresh international ingredients, groceries, high-quality food products, personal care items, and everything needed for daily life.

ESF Renaissance College Kindergarten
ESF Renaissance College Kindergarten is set to establish a nearly 9,000-square-foot campus in GO PARK Sai Sha (Phase 2), accommodating up to 300 K1 and K2 students. Enrolment is expected to commence in the third quarter of 2025. The kindergarten will feature outdoor learning space, STEAM teaching and outdoor education. Through diverse learning modes, young children will be able to connect with nature to develop their ability to observe and experience the natural environment and to enhance their love of learning.

CUHK Medical Clinic (Sai Sha)
The CUHK Medical Clinic will open a branch in GO PARK Sai Sha (Phase 2). Backed by a professional medical team from the CUHK Medical Centre, the clinic will provide outpatient services, health screenings, vaccinations and minor procedures, ensuring high-quality, comprehensive healthcare support. Conveniently located just about a nine-minute drive from the CUHK Medical Centre at the University MTR Station, the clinic will enhance medical accessibility in the community.

Judy Chow, General Manager of Leasing at Sun Hung Kai Real Estate (Sales and Leasing) Agency Limited, said: “GO PARK Sai Sha benefits from a unique location, nestled between the mountains and the sea. It is home to a diverse mix of tenants, including over ten specialty food and beverage outlets, retail shops, and sports facilities for activities like fencing, swimming, and climbing in Phase 1. Additionally, the one-million-square-foot outdoor area, GO PARK Sports, features family- and pet-friendly amenities, all supported by continuously improving transport infrastructure. Since its opening earlier this year, GO PARK Sai Sha has successfully drawn large numbers of visitors from both the local community and beyond, with highly encouraging results.”

She added, “To meet the needs of the residents in the Sai Sha mega integrated development and the growing customer base of GO PARK Sai Sha, GO PARK Sai Sha (Phase 2) will prioritize essential retail, ensuring the residents have convenient access to daily necessities. Alongside the tenants that have already opened in Phase 1, we will provide about 80 retail outlets, including a YATA supermarket, a kindergarten, a medical centre, an education centre and a variety of lifestyle retailers and specialty eateries. There are also a number of children’s playgrounds and pet park facilities. Staying true to SHKP’s philosophy of ‘Building Homes with Heart’ and drawing on our extensive experience in developing regional landmarks, the development is designed to cater to the needs of multi-generational families and their pets, creating a destination for sports, entertainment, dining and leisure suitable for all ages. By fostering a vibrant, healthy and well-equipped community, it aims to improve the overall quality of life for the residents. We envision GO PARK Sai Sha as not only Hong Kong’s backyard haven for leisure and entertainment, but also a vibrant community hub that local residents aspire to be part of.”

Note: This promotional material is intended solely for the promotion of GO PARK Sai Sha / GO PARK Sai Sha (Phase 2) and is not intended to promote, market or advertise any residential developments.

Sun Hung Kai Properties (SHKP) has reached an agreement with Airport Authority Hong Kong (AAHK) to extend the term of SHKP’s Airport Freight Forwarding Centre (AFFC) for 15 years. SHKP has also pledged to invest at least $400 million in a comprehensive upgrade of AFFC to provide smarter and more customer-centric warehousing and logistics facilities. This is set to further strengthen Hong Kong’s position as an international aviation and trade centre.

Today, under the witness of Secretary for Transport and Logistics Mable Chan, Deputy Director-General of the Economic Affairs Department of the Liaison Office of the Central People's Government in the HKSAR Lu Feng, AAHK Chairman Fred Lam, SHKP Chairman and Managing Director Raymond Kwok, AAHK Acting Chief Executive Officer Vivian Cheung, and SHKP Executive Director Christopher Kwok, SHKP Executive Director Allen Fung and AAHK Commercial Executive Director Cissy Chan signed the term extension agreement for their respective parties.

Secretary for Transport and Logistics Mable Chan said: “AFFC has been a cornerstone of Hong Kong International Airport’s (HKIA) cargo operations for 27 years.  Our airport has been ranked as the world’s busiest international cargo airport by the Airports Council International for 13 years since 2010. The airport’s Three Runway System is now fully operational, and its capacity will continue to increase. The investment in AFFC is both timely and well-placed. The HKSAR government and AAHK will continue to collaborate with AFFC and other partners to consolidate and enhance Hong Kong’s position as an international aviation hub and logistics hub.”

Fred Lam, Chairman of AAHK, said, “We are actively enhancing the logistics infrastructure of the airport, which include a new smart logistics hub, an expanded hub for international couriers, and a transit mail centre. The lease of the Airport Freight Forwarding Centre has been renewed until 2043, and the facility will undergo upgrade and reconfiguration, demonstrating the Centre’s strong confidence in the future development of the airport. We look forward to the continuous support from the Airport Freight Forwarding Centre for the development of Hong Kong's air cargo industry, and HKIA scaling new heights.”

Raymond Kwok, Chairman and Managing Director of SHKP, said: “Hong Kong enjoys the unique advantages of being ‘backed by the motherland and closely connected to the world’ With the vast mainland market right on its doorstep, Hong Kong benefits from zero tariffs on most imports and exports, along with very efficient customs clearance. This combination gives Hong Kong a very strong competitive edge as a transshipment hub. Air transport plays a pivotal role in Hong Kong’s economy and trade, accounting for over 45% of Hong Kong’s trade value. It is noteworthy that under AAHK’s leadership, HKIA has become the world’s busiest cargo airport. Despite earlier disruptions from the pandemic, cargo volumes have now surpassed pre-2019 levels, with AFFC playing a significant role by handling approximately 30% of the airport’s cargo throughput.”

He added that: “SHKP actively supports the directives from the Third Plenary Session of the 20th Central Committee of the Communist Party of China, which emphasize strengthening Hong Kong’s position as an international transportation and trade centre. With the backing of the Transport and Logistics Bureau and AAHK, SHKP not only renews the lease for AFFC but also makes significant investments in a comprehensive upgrade of AFFC. This initiative will enhance Hong Kong’s role as a major international aviation logistics hub, foster closer ties with other cities in the Greater Bay Area and help the city seize opportunities presented by the Belt and Road Initiative and markets in the Global South. The upgrade also reflects the confidence of AFFC’s customers in Hong Kong and is designed to meet their need for greater operational efficiency.”

Designed, built, and managed by SHKP, AFFC offers over 1.5 million square feet of air freight logistics and office space. Since its inception in 1998, AFFC has been known for its efficient, timely, and high-quality services. Its building design features a low-rise configuration that allows for easy access, complemented by high ceilings and numerous convenient loading and unloading bays. This makes it the preferred choice for many small and medium-sized freight forwarders.

The upgrade project is already underway, with phased completion expected to begin in early 2026. Upon completion, AFFC’s overall cargo throughput capacity is set to increase by up to 30%. In addition to refurbishing the building, AFFC will introduce several enhancement initiatives, including:

1. Flexible warehouses: Customers will have the flexibility to customize warehouse layout according to their needs, which is particularly appealing to small and medium-sized enterprises. 
2. Smart digital systems: Incorporation of a smart traffic management system to improve vehicle flow control, utilizing big data from the airport to enhance logistics efficiency. In addition, a smart building management system will be introduced to increase energy efficiency.
3. Green building features: In line with national and Hong Kong’s targets on carbon neutrality, as well as AAHK’s goal to become the world’s greenest airport, AFFC will introduce green energy facilities such as LED lighting, solar panels, and charging facilities for electric trucks and forklifts. Green elements will also be integrated into the building’s design.  
4. Wellness: A range of facilities will be added, including co-working spaces, rest areas, a gym and showers. There are also plans to add more dining and retail options. These facilities will help create a healthier working environment, boost productivity, and enhance employee well-being.