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Ocean Park will be dead or alive on Friday

2020-05-11T15:18:22.920Z


In recent years, Ocean Park has suffered many losses and faced financial difficulties. If it fails to solve the current capital flow problem, it is possible that it will run out of cash at the end of next month and face bankruptcy. The Secretary for Commerce and Economic Development Qiu Tenghua said today (11th) that the government The Finance Committee of the Legislative Council has applied for an allocation of 5.4 billion yuan for Ocean Park ’s operating expenses and loan repayment in the next 12 months. The Finance Committee of the Legislative Council will consider the matter on Friday. Guan Zhuozhao, director of Guanyu Business and Economic Research Center, said that the survival of the Ocean Park is indeed based on the recovery of the tourism industry, and it is difficult to reverse the current situation in the short term. It seems that the government can only rely on the government to "take water" to rescue the next one or two years. It is indeed a bottomless pit, and it is always the tourism infrastructure government that must be a helper, so that it is not easy for a strong man to give up the canal. "In addition, Tan Wenhao, a member of the Citizens’ Legislative Council, questioned that the park ’s management will leave and retire in two months At present, there is no news of succession. In addition, the "squad" in the past few years has put the park into a dilemma. The current situation is completely unacceptable, and it will vote against the appropriation on Friday. Zhou Haoding, a member of the DAB ’s Legislative Council, said that there is no final decision in the party, and he will listen to the Hong Kong government explaining the details and consider it.


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Written by: Liang Huanmin

2020-05-11 23:09

Last update date: 2020-05-11 23:09

In recent years, Ocean Park has suffered many losses and faced financial difficulties. If it fails to solve the current capital flow problem, it is possible that it will run out of cash at the end of next month and face bankruptcy. The Secretary for Commerce and Economic Development Qiu Tenghua said today (11th) that the government The Finance Committee of the Legislative Council has applied for an allocation of 5.4 billion yuan for Ocean Park ’s operating expenses and loan repayment in the next 12 months. The Finance Committee of the Legislative Council will consider the matter on Friday.

Guan Zhuozhao, director of Guanyu Business and Economic Research Center, said that the survival of the Ocean Park is indeed based on the recovery of the tourism industry, and it is difficult to reverse the current situation in the short term. It seems that the government can only rely on the government to "take water" to rescue the next one or two years. It is indeed a bottomless pit, and it is always the tourism infrastructure government that must be a helper, so it ’s not easy for a strong man to give up the canal. "

In addition, Tan Wenhao, a member of the Citizens ’Legislative Council, questioned that the management of the park will leave and retire in two months, but there is no news of a successor. In addition, the" squad "in the past few years has caused the park to be in trouble. Unacceptable, will vote against the appropriation on Friday. Zhou Haoding, a member of the DAB ’s Legislative Council, said that there is no final decision in the party, and he will listen to the Hong Kong government explaining the details and consider it.

The Secretary for Commerce and Economic Development Qiu Tenghua (second from left) said today (11th) that the government has applied to the Finance Committee of the Legislative Council for an allocation of 5.4 billion yuan for Ocean Park ’s operating expenses and loan repayment in the next 12 months

The money must be paid and paid back, and the family is only accountable because the government has no reason to change it into a bankrupt company or sell assets.

Guan Zhuozhao, Director of Guanyu Business and Economic Research Center

Asked whether the management of Ocean Park should be replaced, Qiu Tenghua responded that with regard to the management of Ocean Park, the government will participate more in the future, and also referred to Ocean Park as a tourism and education project. The authorities will consider whether it is necessary to change many of the current laws. Frame restrictions.

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Guan Zhuozhao: The tourism infrastructure needs the government to help the strong men not to break their arms

At the beginning of the year, Ocean Park submitted a development plan to the government, seeking funding of 10.64 billion yuan to build seven major parks and to overcome financial difficulties. However, the estimates at that time were not affected by the epidemic situation and the park's suspension of opening. The government formally submitted a capital injection plan to the Finance Committee of the Legislative Council, and proposed an allocation of 5.425 billion yuan. Before the completion of the re-examination work, it subsidized the operation of the Ocean Park for one year and paid off more than 3 billion yuan of external debts. Worried only for "bottomless pit".

Guan Zhuozhao said that it is necessary for the Hong Kong government to rescue the Ocean Park, which can be used as a delay to consider future development. He believes that Ocean Park is not a single company or a private theme park. It is a major tourism infrastructure in Hong Kong. The government needs to help. "Well, money can only be" dead "by the canal, but it does n’t matter if you spend a year on Bo Xia. There is no need for this. It is always an NGO (non-profit-making organization) and Hong Kong tourism infrastructure. It is necessary to go to the next point to do the necessary things. It is indeed a bottomless pond. It is always a tourism infrastructure. The government must help, not easily. The strong man broke his arm and gave up the canal. "

He estimated that Ocean Park will not be able to reverse the current situation in two or three years. He can only expect tourists to return after the recovery of the tourism industry. Frankly speaking, Hong Kong is not very geographically located. Hong Kong has some difficulties in absorbing two theme parks, but the staff involved in the park There are a lot of grassroots employees in the tourism industry in Hong Kong. To protect them from the "rice bowl", the Hong Kong government must provide assistance. "The money must be paid and paid back, and the family only tells because the government has no reason to channel it." Change into a bankrupt company and sell assets. "

Guan Zhuozhao said that it is necessary for the Hong Kong government to rescue the Ocean Park, which can be used as a delay to consider future development. (Profile picture)

Tan Wenhao foretells that he will vote against: the park abducts the feelings of Hong Kong people

The appropriation will be reviewed on Friday at the Legislative Council Finance Committee Friday. Citizen Party Legislator Tan Wenhao said in an interview with "Hong Kong 01" that he would vote against it. He criticized the Ocean Park and the government ’s practices and was "a kidnapping of Hong Kong people. Feelings, forcing the Legislative Council to approve the funds. "At present, I cannot see any reason for the park to prove that there can be a way to reverse the situation within a year.

He continued that more than 3 billion yuan of the 5.4 billion yuan was used for repayment, but as early as 2017, the related water park project should be completed, but he did not understand why the project was repeatedly over-funded and the time for its commissioning was delayed. However, it is difficult to explain, and frankly, if it can be opened as expected, it may not be as it is now. He also questioned whether the outgoing senior members of the Ocean Park, namely Chairman Kong Lingcheng and Chief Executive Officer Li Shengzong, would have the "mood" and ability to deal with the current dilemma, so that the scale disease over the years could be resolved. "Under the influence of the epidemic, the two of them left office in July, but neither of them had any new management announcements or eyebrows. The park went bankrupt first, and Qu retired. I have a heart to handle What about it? "He thought it was they who made Ocean Park desperate and approved grants such as" pour money into the sea. "

Tan Wenhao, a member of the Citizens ’Legislative Council, criticized the Ocean Park and the government ’s practice of“ kidnapping the feelings of Hong Kong people and forcing the Legislative Council to approve ”(Information Picture)

Zhou Haoding and Hu Zhiwei will first listen to the government's response

Zhou Haoding, a member of the DAB ’s Legislative Council, said in an interview that the party has not yet finalized the relevant appropriation and will listen to the Hong Kong government ’s decision on whether the content and details of the park reform are effective and sincere. He said that if the Ocean Park is The situation for obtaining funding for operations is still very serious. It is necessary to examine whether the future development direction should be dominated by mobile motors, but the current focus is to protect the employment of employees.

Democrat Hu Zhiwei said that it depends on how the government answers at the Friday meeting and does not rule out opposition to the appropriation. He believes that Ocean Park is a park serving Hong Kong people. He does not want the government to turn the park into a tourist attraction concept. Otherwise, the park will be utterly lost. Every few years, the construction will be vigorous and borrowing will continue. Ocean Park is a statutory body. He criticized the government for borrowing parks this time Financial pressure "scrambles power", sending people into management to change the park's functions and independent power.

New Crown Pneumonia│Ocean Park can only be reopened if it meets two conditions

The government intends to inject 5.42 billion into the Ocean Park or liquidate next month

The cash flow of the Ocean Park is less than the September rescue plan to be reduced to 5 billion and shelved to build seven major parks

Ocean Park halts tens of billions of plans to seek the government ’s 5 billion salvation otherwise or hold on after June 

No tourist staff at Ocean Park accompanies penguins to play anti-depression

Ocean Park Qiu Tenghua Business and Economic Development Bureau Tan Wenhao Zhou Haoding Hu Zhiwei

Source: hk1

All news articles on 2020-05-11

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