The problem is that for every foreign company that invests — from Exxon on the Russian Arctic Shelf to Cisco Systems in a high-technology park going up outside Moscow — far more Russian entrepreneurs head for the exits, gauging the risks too great.
Over the past decade, the city has worked feverishly and spent lavishly, adding sprawling high-technology parks, bridges, roads, hundreds of miles of subway and other facilities to prepare for a shift away from manufacturing and industry toward higher-value, service-sector employment.
Correction: May 19, 2000, Friday A report in the World Business Briefing column yesterday about a plan to build a high-technology industrial park in Hong Kong misstated the projected cost.
The government of Hong Kong and an Internet start-up agreed to build a $2 million high-technology industrial park aimed at becoming Hong Kong's answer to Silicon Valley.
TaskMail, which operates in a high-technology industrial park near Tel Aviv, expects to release its product by the end of the year.
August Media will be one of the first tenants of Mediapolis, a 19-hectare, or 47-acre, high-technology media park, when the first building opens there in December.
BEIJING — James Cameron, director of the global hit films "Titanic" and "Avatar," said Wednesday he was setting up shop in the Chinese city of Tianjin to bring his cutting-edge 3-D technologies and production services to a high-technology industrial park aimed at aiding China's booming moviemaking industry.
In Rockaway in western Morris County, construction is scheduled to start by April on Rockaway Hills Commerce Center, a 251,445-square-foot, three-building high-technology flex park on 45 acres, off Green Pond Road and not far from major roads like Interstates 80 and 287.
"Enterprise Zone status has helped MIRA to attract high profile names in industry to use the Technology Park as an engineering base".
In Detroit, at the site of a former Cadillac plant, G.M. oversaw the development of an 80-acre technology park that provided jobs for residents in an area of high unemployment.
Tianhe Science and Technology Park is home to many businesses engaged in the development of high technology and advanced software.
