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Ocean Park | Liu Mingwei said the park worth 5.6 billion yuan will think about transformation after the outbreak

2020-05-12T01:06:57.720Z


The government said yesterday (11th) that it would apply to the Finance Committee of the Legislative Council for about $ 5.4 billion in funding to help Ocean Park get through the difficulties, otherwise the park may close down next month. Ocean Park Vice Chairman Liu Mingwei said this morning (12th) on the Hong Kong and Taiwan program "Millennium" that Ocean Park offers 2,000 full-time positions, is feeding 75 animals, and carries 43 years of Hong Kong people collectively returning 100 million. It is worth Obtained government funding. He believes that the development of Hong Kong's tourism industry after the epidemic is still unknown. If it can continue to operate, it will review and rethink how it will develop in the future.


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Author: Li Enci

2020-05-12 08:52

Last update date: 2020-05-12 08:57

The government said yesterday (11th) that it would apply to the Finance Committee of the Legislative Council for about $ 5.4 billion in funding to help Ocean Park get through the difficulties, otherwise the park may close down next month. Ocean Park Vice Chairman Liu Mingwei said this morning (12th) on the Hong Kong and Taiwan program "Millennium" that Ocean Park offers 2,000 full-time positions, is feeding 75 animals, and carries 43 years of Hong Kong people collectively returning 100 million. It is worth Obtained government funding. He believes that the development of Hong Kong's tourism industry after the epidemic is still unknown. If it can continue to operate, it will review and rethink how it will develop in the future.

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Ocean Park Vice Chairman Liu Mingwei said that Ocean Park has faced several heavy hits. Since the shutdown on January 26, the number of people has decreased by 1 million, and the losses involve 300-400 million yuan. The fixed cost of the park accounts for most of the expenditure, which is about 100 million yuan per month.

Liu also said that the 5.4 billion yuan of this application is completely different in nature from the 10.6 billion "strategic plan" fund proposed at the beginning of the year. The former is used for operating expenses, debt repayment and completion of projects, while the latter is used for expansion, reconstruction and establishment of new park , Need to re-examine. He continued that Ocean Park provides 2,000 full-time positions, is raising 75 animals, and carries 43 years of Hong Kong people's collective return of 100 million, which is worthy of government funding. He believed that no Hong Kong people would like to see the park closed. If they can continue to operate, they will review and rethink how they will develop in the future.

Liu Mingwei said that the two theme parks have been in Hong Kong for many years and should not be denied because of the epidemic. Regarding the former chief executive Liang Zhenying who said that Ocean Park is the victim of "scramble", Liu said that Ocean Park is not the only victim, and theme parks need to rethink positioning and guest categories. He said that the development of Hong Kong's tourism industry after the epidemic is still unknown, and it is certain that Ocean Park's previous business model will not continue, and it needs to be transformed and repositioned to a sustainable model.

Liu also said that the management of Ocean Park is facing great challenges and will later announce the successor of the CEO.

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Ocean Park

Source: hk1

All news articles on 2020-05-12

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