Internet rakes in HK$96 billion to Hong Kong GDP

The Internet rolled in HK$96 billion or 5.9 percent of GDP in Hong Kong in 2009, said Wednesday when releasing its report titled "The Connected Harbour: How the Internet is Transforming Hong Kong's Economy,"

According to the advisory firm, the Internet's GDP contribution is likely to grow by 7 percent annually-- contributing 7.2 percent of GDP in 2015-- faster than the forecasted GDP growth of 4 percent, reaching HK$146 billion by the same year.

The report is the first in Hong Kong and in Asia to identify the size and growth of the Internet economy, said BCG, adding that it researched and wrote the independently the - commissioned report.