variety.com
Ocean Park
Hong Kong
county Will
city Hong Kong
Covid-19
2020
travelers
Ocean Park
Hong Kong
county Will
city Hong Kong
Hong Kong’s Ocean Park Doesn’t Want to be a Theme Park any More
Reading now: 598
variety.com
variety.comVivienne Chow The Hong Kong government will provide another $361 million (HK$2.8 billion) to rescue city’s troubled Ocean Park, which has seen losses increased by the effect of COVID-19.
The venture is to be transformed from a traditional theme park into a travel destination and marine conservation hub that can be financially self-sufficient.The park will receive a one-off injection of $251 million (HK$1.67 billion) as working capital.
A further $144 million (HK$1.12 billion) will be provided to run the park’s conservation and education programs for four years, the government announced on Monday.The 44-year-old park, which operates as a not-for-profit organization, has been in loss for the past four years.
Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations