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Invitation for expressions of interest on Kai Tak Multi-purpose Sports Complex receives encouraging response

     The Home Affairs Bureau (HAB) today (March 1) described as encouraging the response by the private sector to the invitation for initial expressions of interest (EOI) on the development of the Kai Tak Multi-purpose Sports Complex (MPSC).

     "By February 28, we had received 40 submissions from different sectors, including architects, construction companies, sports and entertainment companies, project management companies, banks and consulting firms," an HAB spokesman said.

     In his 2013 Policy Address, the Chief Executive announced that the planning of the MPSC was a priority for the Government. The Kai Tak complex will provide new sports facilities for the community as well as world-class venues that will reinforce Hong Kong's profile as a centre for international sporting events. The HAB will explore ways to collaborate with the private sector and other stakeholders to develop the MPSC.

     The HAB issued an invitation on January 18 for the private sector to submit non-binding EOI before the deadline on February 28. The purpose of the invitation was to obtain feedback from the private sector on issues including the options for the mode of delivery and financing of the MPSC; the scope for private sector investment in the project and the form that such investment might take; the scope for public and private sector collaboration in the design, construction and operation of the MPSC; and ways to enhance the commercial viability of the MPSC.

     "We will analyse the EOI submissions and publish a report on this exercise in April before considering the next steps in the planning and procurement of this project," the spokesman said.

     In addition to inviting EOI submissions, the HAB has separately initiated a consultancy study on detailed models for the procurement and financing of the MPSC. The outcome of the study and the feedback received from the EOI exercise will help the Government to assess the best option for implementing the MPSC project. The MPSC is expected to come into full operation in 2019-20.

Ends/Friday, March 1, 2013
Issued at HKT 18:15


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