HOTELS & TOURISM | Staff Reporter, Hong Kong

Hong Kong commits $1b to bolster convention and exhibition industry

Proposal to develop a new convention centre rejected due to uncertainties.

Hong Kong has committed $1b to provide impetus for the convention and exhibition (C&E) industry next year or so under the Convention and Exhibition Industry Subsidy Scheme.

In the Chief Executive’s 2020 Policy Address, the government said it plans to develop three government towers in Wan Chai North and Kong Wan Fire Station into C&E facilities, hotel, and Grade A office.

The Airport Authority of Hong Kong will also invest in the construction of phase two of the AsiaWorld-Expo.

The two projects are said to increase C&E space by more than 40%.

Meanwhile, the proposal to develop a new convention centre on the site above the Exhibition Station of the Shatin to Central Link was junked due to uncertainties concerning the construction period and concerns about cost-effectiveness. The government decided to use the site for other purposes.

In a statement, the Hong Kong Exhibition & Convention Industry Association said it welcomes the latest HKSAR Government’s Policy Address recognising the importance of further supporting the convention and exhibition industry by expanding the capacity of event space in the city.

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