Political situation
Author: Zhai Ruimin
2020-05-12 09:10
Last update date: 2020-05-12 09:10Ocean Park may face bankruptcy at the end of next month. Secretary for Commerce and Economic Development Qiu Tenghua held a press conference yesterday (11th), stating that the government will apply to the Finance Committee of the Legislative Council to allocate 5.4 billion yuan for Ocean Park ’s operating expenses for the next 12 months And to pay off the loan, the Finance Committee deliberated this Friday.
In an interview with a radio program this morning (12th), the leader of the Liberal Party and a member of the Legislative Council, Zhong Guobin, said that the Liberal Party will meet today to discuss whether to support the bill, but he blamed the government for "last minute (last minute) forcing me to support it first," "Calling the Finance Committee to raise money with money" is a common practice of the government. It is considered that there are other ways to solve the dilemma of the Ocean Park from the perspective of commercial operations.
Zhong Guobin denounced the government for "last minute (last minute) forcing me to support first". (Profile picture)
Zhong Guobin described the contradiction in the Hong Kong and Taiwan program "Millennium". I believe that most people in Hong Kong hope that the Ocean Park will continue to survive, but the accounts are difficult to handle. More than 3 billion yuan of the 5.4 billion yuan allocated to repay the loan. The remaining 2.4 billion yuan is only enough to support the operating expenses for the next 12 months, and it is difficult to predict where the Ocean Park will go one year later.
Zhong Guobin pointed out that the management of the park is the biggest problem. "(Former Chairman of the Ocean Park Board of Directors) Sheng Zhiwen is in the 12th year. The park makes money every year, and other management will eclipse as soon as it comes into power." It is also difficult to change management, and it is difficult to find talents who are willing to take office.
He also admitted that the difficult situation for Members to make a decision, "Don't approve of it," will be regarded as the "eternal sinner" that caused the park to close down. Zhong Guobin criticized that the government's usual thinking is that there is only one option to deal with the problem. From the perspective of business operations, there are other ways to solve it, such as referring to the US bankruptcy protection order, allowing companies to propose financing and restructuring plans, or referring to current interest payments. Non-repayment.
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