A Henderson Land Development joint venture has won a five-year contract to operate the Central Harbourfront Event Space in Hong Kong, with a clause that would require the government to be compensated if the number of events falls short of its commitment. The Development Bureau on Thursday announced that Central Grand Limited (CGL), a joint…
Hong Kong authorities have tightened requirements for future tenants of the Central Harbourfront Event Space by introducing key performance indicators (KPIs) for tenders and penalties for poor execution, with some analysts saying the move would help improve the city’s image after the fiasco of a hot-air balloon festival last year. The Development Bureau said on…
Hong Kong has tightened rental and operating rules for a new waterfront event space in Hung Hom following a hot-air balloon fiasco in September that left customers frustrated after the organiser failed to obtain a licence for its advertised rides. The Development Bureau on Monday also said that it had beefed up the terms and…