Being the first Data Technology Hub ( DT Hub ) in Hong Kong , the pilot project IE 2 . 0 will create an all new infrastructural platform of digital , information and telecommunications technology upon completion , building a sophisticated network of Business Continuity Plan ( BCP ) amongst a dense population of high – tier mega data centers in Tseung Kwan O Industrial Estate ( TKOIE ) and Pearl River Delta region beyond . The IE 2 . 0 Project A Development occupies a site of approximately 7 , 954 m2 at the corner of Chun Yat Street and Chun Cheong Street , Lot 39 of TKOIE . The development comprises a 11 – storey office tower on a 2 – storey podium for retail , F & B , conferencing and underground parking facilities . The Main Works for the development commenced in the second quarter of 2018 and will be completed in the second quarter of 2020 . Caltite system has been used in the pile cap , slab and basement wall to form a whole tanking waterproofing protection . The system is specified for reliable performance and time – saving under the tight schedule of construction .