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Oct 15, a strategic alliance between Shui On Land Limited and Oracle China, the world's largest enterprise software company, was formed to transform Knowledge and Innovation Community (KIC) into a leading technology development center and 'digitized' community.

During the MoU signing ceremony, Mr. Vincent H.S. Lo and Mr. Charles Phillips, president of Oracle, jointly unveiled the 'Gate to Innovation & Knowledge'. Mr. Lo said that the partnership would deliver advanced technology and strategic value to KIC. After the ceremony, many guests and media toured KIC's sales office, showrooms, the Jiangwan Stadium and the Hub.

The digital community technologies from Oracle will be implemented over time at KIC. Practical benefits for KIC tenants include "smart" buildings, integrated home networks and state-of-art property management and communication systems, distance learning and electronic money transactions. |