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Ocean Park has yet to vote at the end of the Finance Committee's 5.4 billion appropriation meeting

2020-05-22T11:26:24.240Z


If the financial difficulties of the Ocean Park are not approved by the Legislative Council, it will be closed at the end of June. The Finance Committee of the Legislative Council today (22) continued to consider the “Salvation” project, which the government plans to allocate more than 5.4 billion yuan. The government submitted a fine-tuning plan yesterday, involving loans to the Ocean Park Redevelopment Project and loans to the Ocean Park Dashu Bay Development Project. Pan Wenhao, Tan Wenhao, Hu Zhiwei and Zhu Kaidi proposed three subpoenas. At 5 pm, all the motions were rejected and the conference resumed the questioning session. Subsequent meeting ended at 6 pm, but no vote has yet been taken on the funding application.


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Written by: Golden Chess

2020-05-22 19:13

Date of last update: 2020-05-22 19:13

If the financial difficulties of the Ocean Park are not approved by the Legislative Council, it will be closed at the end of June. The Finance Committee of the Legislative Council today (22) continued to consider the “Salvation” project, which the government plans to allocate more than 5.4 billion yuan. The government submitted a fine-tuning plan yesterday, involving loans to the Ocean Park Redevelopment Project and loans to the Ocean Park Dashu Bay Development Project.

Pan Wenhao, Tan Wenhao, Hu Zhiwei and Zhu Kaidi proposed three subpoenas. At 5 pm, all the motions were rejected and the conference resumed the questioning session. Subsequent meeting ended at 6 pm, but no vote has yet been taken on the funding application.

At 5 p.m. of the Finance Committee meeting, the Civic Party Tan Wenhao moved to summon Zhu Manling, then Tourism Commissioner in 2016, to the Finance Committee with 23 votes in favor and 30 votes against. In addition, the Democratic Party ’s Hu Zhiwei ’s motion to summon the former Secretary for Financial Affairs and the Treasury Ma Shiheng, the former Secretary for Economic Development and Labour Ye Shukun, the former Tourism Commissioner Zheng Ruhua, and the former Chairman of the Ocean Park Sheng Zhiwen testified in 22 votes. 29 votes were rejected.

The last motion for the parliamentary front, Zhu Kaidi, to call a representative of Bank of China (Hong Kong) Co., Ltd. to testify on the assessment of the overall repayment ability of Ocean Park was rejected with 23 votes in favor and 29 votes against.

Ocean Park went to the Finance Committee to discuss the 5.4 billion yuan allocation to support the democratic faction and question the new positioning

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After the meeting, the questioning session was resumed. Enthusiastic citizen Zheng Songtai questioned why Ocean Park could obtain bank loans without guarantees and mortgages; and questioned whether Ocean Park would be “bushed” by banks, including pandas, if repayment was not possible , Outspoken is "national dignity". Liu Mingwei, deputy chairman of Ocean Park ’s board of directors, responded that the loan was based on the ability to repay in the past, and creditors are more than banks. If the liquidation is completed, the liquidation officer will decide where to go. Qiu Tenghua, Secretary of Commerce and Economic Development, pointed out that Ocean Park will accept both national treasures and abandoned animals, emphasizing non-political issues.

Medical senator Chen Peiran bluntly believes that the positioning of the park as education and conservation "is impossible to break even, and it will even become a regular expenditure." He also questioned how, if developed into a resort sacred place, the development of hotels and tourism, how future revenues would be split up, and he was worried about "returning money after a few years." Qiu Tenghua responded that the garden party will open source and cut costs, and will adjust and improve.

Ocean Park Legislative Council Finance Committee Legislative Council Qiu Tenghua

Source: hk1

All news articles on 2020-05-22

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