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Examination of Estimates of Expenditure 2010-11


Reply Serial No.




CONTROLLING OFFICER’S REPLY TO
INITIAL WRITTEN QUESTION


CEDB(CIT)132







Question Serial No.







2050




Head :

152 - Government Secretariat: Commerce and Economic Development Bureau (Commerce, Industry and Tourism Branch)

Subhead (No. & title) :
















Programme :

(6) Travel and Tourism




Controlling Officer :

Permanent Secretary for Commerce and Economic Development

(Commerce, Industry and Tourism)






Director of Bureau :

Secretary for Commerce and Economic Development





Question :
The Administration mentioned in paragraph 26 of the 2009-10 Budget Speech about “earmarking $100 million to assist organisers to host more attractive events in the areas of arts, culture and sports over the next three years … It is expected that such activities will create some 2 800 jobs”. In this connection, please provide the following information:
(a) The themes and expenditure of events hosted in 2009-10, and the number of jobs they created.

(b) The themes and estimated expenditure of events to be hosted from 2010-11 to 2011-12, and the number of jobs they are to create.



(c) Discounting those created in 2009-10, how many of the above 2 800 jobs will the Administration expect to offer employment for more than a year in the coming two years (i.e. from 2010-11 to 2011-12)?
Asked by : Hon. WONG Sing-chi
Reply :
(a) & (b) 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. Amongst them, three events are held in 2009-10 while four will take place in 2010-11. All these events are expected to create over 2 400 jobs. 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”.
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.


Project title

Nature

Time

Number of jobs created

Upper limit of funding

Swire “Symphony Under the Stars”

Large-scale outdoor classical concert


13 November 2009

214

$1.4 million

Hong Kong Tennis Classic 2010

International tennis tournament


6-9 January 2010


845

$9 million

Mui Wo Water Lantern and Sky Lantern Festival

Traditional cultural activity


26-29 March 2010


about 500

$1.5 million

Hong Kong 2010 International a cappella Festival

Large-scale musical festival


27 March - 22 April 2010


about 13

$0.8 million

Hong Kong Musical Festival


Large-scale musical opera festival


29 March - 21 April 2010

about 250

$2.5 million

Hope and Glory


Large-scale multi-media arts exhibition


8 April - 30 May 2010

about 100

$2 million

Louis Vuitton Hong Kong Trophy

International yacht racing competition


9-23 January 2011

about 500

$10 million

The number of mega events to be supported by MEF in the next two years, as well as their nature, funding amount and number of jobs created etc., will depend on the number of applications received and how many of them can successfully pass the assessment procedures. As mentioned above, four events supported by MEF will be held in 2010-11 involving a maximum funding of $15.3 million. Altogether they would create over 860 jobs.


(c) As outlined in (a) & (b) above, the seven events supported by MEF would create over 2 400 jobs. The number of jobs to be created by events supported by MEF in the next two years and their employment duration will depend on the nature and needs of individual events.


Signature










Name in block letters

MISS YVONNE CHOI







Post Title

Permanent Secretary for Commerce and Economic Development

(Commerce, Industry and Tourism)









Date

18.3.2010


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