Session No. 5 File name : cedb(cit)- doc
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- CONTROLLING OFFICER’S REPLY TO INITIAL WRITTEN QUESTION CEDB(CIT)088
- Project title Nature Time Number of participants
Question : Regarding the operation of the Mega Events Fund (MEF), would the Bureau please inform this Committee: (a) the number of events approved under MEF in 2009-10; the nature, amount of subsidy granted, number of participants and amount of visitor spending for each of these events; (b) the estimated amount of subsidy to be granted and number of events to be approved under MEF in 2010-11; the projected number of overseas visitors that may be attracted to Hong Kong and the potential economic benefits thus generated by these events; (c) whether the Bureau will make provision for reviewing the operation and effectiveness of MEF in 2010-11? If yes, what is the action plan and estimated expenditure? If no, what are the reasons? Asked by : Hon. NG Margaret Reply : (a) The Mega Events Fund (MEF) was established in May 2009 following funding approval of the Finance Committee of the Legislative Council. Since then, a maximum sum of $27.2 million has been approved to support seven mega arts, cultural and sports events to be held in Hong Kong. Details of the seven projects and their respective upper limit of funding are provided in the table below. As the organisers are required to fulfil funding conditions and return any operating surplus to the Government, the actual amount of funding can only be determined after project completion and Government’s scrutiny of the audited accounts and evaluation reports submitted by the organisers.
On top of attracting more visitors, stimulating spending and creating employment, mega events can also add colour and vibrancy to Hong Kong, raise Hong Kong’s international profile and promote Hong Kong as the “Events Capital of Asia”. After completion of the events, we will analyse the data collected from organisers and other parties (such as the Hong Kong Tourism Board) in order to assess the economic benefits brought by mega events to Hong Kong. (b) The number of mega events to be supported by MEF in 2010-11, as well as their funding amount, number of participants and tourism benefits, will depend on the number of applications received and how many of them can successfully pass the assessment procedures. Amongst the seven events supported by MEF, four will be held in 2010-11, which are expected to attract over 130 000 participants, including over 18 800 visitors, and create over 860 jobs. (c) The Tourism Commission (TC) has been reviewing the operation and effectiveness of MEF from time to time having regard to the experience accumulated since the Fund’s establishment. In 2010-11, TC will employ existing manpower and resources to carry out this work without incurring additional expenses.
Directory: citb -> doc doc -> Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc Download 4.7 Mb. Share with your friends:
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