A panel of lawmakers today endorsed a plan to reposition the heavily loss-making Ocean Park, paving the way for a HK$10.6 billion cash injection it has sought. Legco's panel on economic development, approved the park's plan, which will then move to the finance committee. Seven voted to approve the repositioning, while five lawmakers were not in favor. Tourism sector lawmaker, Yiu Si-wing, asked whether the park really needed HK$10.6 billion. Ocean Park management has proposed more than 20 new attractions and to overhaul 10 existing ones from 2023 to 2027.

Source: The Standard January 20, 2020 11:03 UTC