Done deal: Cyberport Chief Executive Officer Nicholas Yang and New Zealand Institute for Screen Innovation Chair Michael Stephens sign an agreement to export Cyberport's expertise to New Zealand.

Hong Kong Cyberport will export its intellectual property and expertise to New Zealand under a deal signed today in Wellington and witnessed by Permanent Secretary for Commerce & Economic Development (Communications & Technology) Duncan Pescod and officials from CreateHK.

The Cyberport Management Company signed the deal with the Wellington City Council and New Zealand Institute for Screen Innovation to share Cyberport's knowledge, know-how, processes and services to accelerate the development of New Zealand's first Digital Innovation Hub. It will be located in a purpose-built building in the New Zealand capital.

This is the first formal agreement Cyberport has signed to export its intellectual property and expertise to another country.