Government invites private investors for pilot projects
The Government is inviting private investors to submit Expressions of Interest for the first two projects under the Government's Private Sector Finance (PSF) scheme.
The projects are an ice-sports centre and town park in Tseung Kwan O; and a leisure and cultural centre in Kwun Tong.
"The pilot PSF projects are in line with the principle of 'Big Market, Small Government' mentioned in the Chief Executive's Policy Address," the Secretary for Home Affairs, Dr Patrick Ho, said today (July 11).
"They not only allow more efficient use of government resources but also expedite the delivery of facilities for public use," he said.
Under the PSF scheme, private investors are required to develop, design, build and manage leisure and cultural facilities on a self-financing basis for use by the public.
To ensure the commercial viability of the projects, the investors may propose commercial facilities, like shopping malls, restaurants and hotels, that are permissible under the relevant Outline Zoning Plans.
"Income from the commercial facilities can be used to subsidise the cost of building and operating the required leisure and cultural facilities," Dr Ho said.
Details of the two projects have been gazetted today. Interested companies are invited to make development proposals on or before August 15.
"Upon receiving the Expressions of Interest, we will formulate the preferred mix of facilities and uses of the two sites and consult the Town Planning Board," Dr Ho said.
The Tseung Kwan O project, located on a 6.8 hectare plot in Area 45, will include an ice-skating rink (61m x 30m) with spectator stands suitable for international ice sports competitions. There will also be an ancillary ice rink of a similar size, a town park and other ancillary facilities.
The Kwun Tong leisure and cultural centre will be located on a 2.27-hectare plot at the junction of Tsui Ping Road and Lei Yue Mun Road. It will accommodate a bowling centre with at least 40 lanes and seating, a swimming pool complex replacing the existing Kwun Tong Swimming Pool, and a cultural complex.
On July 16 and July 23, the Leisure and Cultural Services Department will conduct two briefings on the Expression of Interest documents. Those who wish to attend should call the department on 2698 7360 .
They may also call 2601 8768 or visit www.lcsd.gov.hk to obtain the Expression of Interest documents or to make further enquiries.
End/Friday, July 11, 2003