The Range (Hong Kong) Sandy Ridge Data Facility Cluster broke ground on Saturday, and is expected to become the largest computing facility when it is put into operation in 42 months in the Hong Kong Special Administrative Region.
More than 300 industry professionals and partners attended the groundbreaking ceremony.
Covering about 110,000 square meters in Hong Kong's Northern Metropolis, the data center is projected to generate about 4.6 billion Hong Kong dollars (about 588 million U.S. dollars) in output and create 180 technology-focused jobs during its first three years of operation. By 2032, its computing power is expected to reach 180 ExaFLOPS, or 36 times Hong Kong's current capacity.
The data center's proximity to Shenzhen endows it with a critical role in the data industry chain of the Guangdong-Hong Kong-Macao Greater Bay Area, making it a potential catalyst for Hong Kong's artificial intelligence development, said Sun Dong, secretary for innovation, technology and industry of Hong Kong government, at the groundbreaking ceremony.
Zhou Chaonan, chairwoman of Range Intelligent Computing Technology Group Company Limited, said that Hong Kong's top-tier universities and large pool of talent are part of the reason companies like Range came here. She said Range will work to turn the Sandy Ridge project into one of the country's top sci-tech innovation clusters.
Hong Kong breaks ground on largest data center, scheduled for operation in 3.5 years
Egypt has ordered measures to cut electricity consumption after the U.S. and Israeli war against Iran disrupted oil and gas supplies, requiring shops to close early and roadside advertising to be switched off.
Shops and restaurants must shut at 21:00 under the new curfew, nearly four hours earlier than usual, curtailing Egypt’s peak evening business hours.
For restaurant manager Yasser Hamido, the closures mean reshuffling shifts, giving workers breaks, and rethinking how to keep the business running during shorter hours.
"We accept these measures, because we know it's important for the country. We'll just have to adapt by giving some of our workers a break and rescheduling shifts, then wait and see what happens," Hamido said.
The restrictions are already reshaping daily life. Egypt, known for its bustling streets and vibrant nightlife, is turning dark. Even billboards and public lights are being switched off. Only popular tourist destinations such as Sharm El Sheikh and Hurghada on the Red Sea have been exempted.
"The latest conflict in the Middle East has led to a shortage in natural gas supplies globally, including Egypt. This, coupled with energy price hikes, have made it difficult for Egypt to import gas for electricity generation. Most of Egypt's power stations are run by natural gas," said economic analyst Hossam Gawish.
The government says the energy import bill had jumped from 1.2 billion U.S. dollars in January to above 2.1 billion U.S. dollars in mid-March, forcing it to take several measures to regulate electricity consumption and avoid power cuts.
But, the early closure of all commercial, sports and entertainment activities has been controversial. Although the government outlined the economic benefits of this decision at a critical time, it has been widely criticized by a large segment of the Egyptian population.
Most Egyptians typically spend their leisure hours in the evening, when cooler temperatures draw people outdoors. Those hours account for a significant share of economic activity, and businesses have raised alarm over potential losses from early closure requirements.
"When you reduce operating hours, it leads to a significant drop in revenue and even GDP, a drop in pay for workers and a drop in the purchasing power of Egyptians. But it's a habit. Most Egyptians have to readjust their habits to be like many countries that normally close early. It will take time however," said Gawish.
Facing public backlash, officials said the early shop-closure policy will run on a trial basis and be reassessed in May.
Egypt orders early shop closures to save power amid supply crunch