Latest News

Back to Latest News back

 

Hong Kong Government approves pre-construction funding for new Kai Tak Stadium

Hong Kong Government approves pre-construction funding for new Kai Tak Stadium
July 11, 2015

The Finance Committee of Hong Kong’s Legislative Council has approved HK$62.7 million (US$8.1 million) in pre-construction funds for the planned Kai Tak Multi-purpose Sports Complex.

According to a report in the South China Morning Post, the funds will be used for consultancy studies on technical and quantity surveying, ground investigation and topographic and tree surveys, before actual construction can go ahead.

First proposed in 2004, the Hong Kong Government plans to use around 8% of the former site of the administrative region’s former airport for a planned 50,000-seat sports stadium with a retractable roof, 5,000-seat sports ground and 4,000-seat indoor sports centre.

Having previously sought private funding for what will be the city's biggest sports complex, the Government is likely to have to meet the entire cost of the HK$23 billion (US$2.9 billion) development.

Construction of the much-delayed project could begin in two years’ time, with a 2020 completion date mooted.

Meanwhile, many fear that the development of the Singapore Sports Hub has seen Singapore overtake Hong Kong as a venue for major sporting events and fixtures in East Asia.

Image shows the planned Kai Tak Stadium precinct.

24th March 2015 - HONG KONG LAMENTS LOSS OF BARCLAYS ASIA TROPHY TO SINGAPORE

8th December 2014 - HONG KONG FEARS SINGAPORE’S ADVANCE IN ATTRACTING REGIONAL SPORTING EVENTS

27th January 2014 - HONG KONG’S US$2.9 BILLION KAI TAK SPORTS COMPLEX SET FOR 2020 COMPLETION

14th August 2013 - SPORTS HUB AT THE HEART OF THE REDEVELOPMENT OF HONG KONG’S KAI TAK AIRPORT SITE


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

SLE WORLDWIDE AUSTRALIA PTY LTD

SLE Worldwide Australia is a Managing General Underwriter specialising in insuring risks in the world of Sports, Leisure and Entertainment. Be it relaxing, playing, organising or watching sports,…

read more

Insurance / Venues

 
 

Worldwide Sports Management

Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…

read more

Aquatics / Consultants / Recreation / Sport / Venues

 
 

SKC Operations Pty Ltd (SKCorp)

SKC Operations Pty Ltd (SKCorp) is an expert retail and marketing services team specialising in sports, leisure, aquatics, fitness, health, wellness & recreation industry. Using proven…

read more

Aquatics / Consultants / Fitness / Marketing / Retail

 
 

HTS Group Ltd

HTS Group Ltd provides a complete design, system integration, installation and maintenance package to the transportation, traffic engineering, parking and sports timing industries in New Zealand,…

read more

Aquatics / Events / Sport / Technology

 
 

CENTAMAN

Centaman has been a market leader in Enterprise Software Solutions for the leisure and recreation industry and both profit and not-for-profit attractions since 1991. It offers a wide range of software…

read more

Access / Billing / Fitness / Technology / Ticketing

 
 

TECHNOGYM AUSTRALIA

Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia  and Australia, Technogym exports its…

read more

Fitness / Technology / Wellness

 
 

Envibe

With its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…

read more

Aquatics / Fitness / Recreation / Technology

 
 

SGL GROUP

SGL is an innovative and progressive lifestyle, leisure and community consulting practice, operated by Phillip Gray and active since 1988. SGL has undertaken an extensive range of sport,…

read more

Aquatics / Consultants / Fitness / Recreation / Sport

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business