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Ocean Park looks for development partners

Ocean Park looks for development partners
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Hong Kong trade pours cold water on debt-ridden Ocean Park s planned resort makeover

/ Posted on 25 January, 2021 11:37 Tour agents in Hong Kong have cast a shadow of doubt over the financial viability of the government’s multi-million-dollar plan to transform the cash-strapped Ocean Park into an entry-free, adventure-themed resort destination within the next two to three years. The fate of the city’s iconic theme park was decided after the government and Ocean Park Corporation completed a rethink exercise to chart the way forward for the park. The government has committed US$36.1 million into remaking Ocean Park into a resort destination focusing on education and conservation Under the plan, a new non-ticketed retail, dining, and entertainment (RDE) zone is to be created at the lower park area, which will be managed by a private developer under a long-term concession agreement. The RDE zone will house public spaces to host open-air markets and events, a children’s playground and water play area. Conservation and education-related facilities and attractions

Bid to refashion Hong Kong s idyllic south coast into tourist haven full of promise – and potential pitfalls

Bid to refashion Hong Kong’s idyllic south coast into tourist haven full of promise – and potential pitfalls The city leader’s recent pledge to tap more tourism dollars in an area long defined by its maritime traditions has stirred excitement in some and trepidation in others Similar projects in other neighbourhoods have left locals disappointed but officials can also learn from those mistakes, critics say

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