It has already provided nearly HK$800 million in funds so far.

YK Pang, chairman of HKTB, said: “In addition to our continuous efforts to enhance the local atmosphere and support the travel trade, the HKTB’s goal is to encourage visitors to choose Hong Kong as their first destination when cross-border travel resumes”.Īcknowledging how virtual has become the new way to work and meet, another HK$1 billion will go into the Distance Business Programme - first launched in mid-2020 to fund enterprises looking to adopt information technology solutions. In response to last week's budget announcement, Dr.

Organising large-scale promotions to drive industry recovery when cross-border travel resumes.Organising and supporting mega events to maintain Hong Kong’s international exposure.Enhancing the subsidy schemes and sponsoring trade members’ participation in trade events to speed up business recovery.“The HK$1,020 million helps subsidise exhibition and convention organisers and participants, in order to reinvigorate Hong Kong’s reputation as the event capital of Asia,” a spokesperson of Hong Kong Convention and Exhibition Centre Management Limited (HML) said.įurthermore, the HKTB will continue to support the events and exhibitions industry with its added budget.

This is on top of a HK$934 million financial aid to the tourism sector, including HK$169 million earmarked “to take forward local cultural, heritage and creative tourism projects,” beef up facilities on the city’s hiking trails, continue its green tourism development, and enhance the parks and harbourfront among other initiatives.Īlthough there is no direct financial allocation for the exhibition and convention industry in the new budget, the HKSAR launched its Convention and Exhibition Industry Subsidy Scheme in October 2020, effective until the end of 2021, to aid the business events sector's recovery. The government has allocated an additional HK$765 million (US$98.62 million) for the Hong Kong Tourism Board (HKTB) to “set up promotion and revive the tourism industry when the epidemic is over,” said Chan in the budget speech earlier this week. MICE and tourism stakeholders have welcomed extended government support, following the latest 2021/22 budget announced by Hong Kong financial secretary Paul Chan on 24 February. Photo Credit:Hong Kong Convention and Exhibition Centre.

Hong Kong Exhibition & Convention Industry Association hopes new destination branding will 'engage new audiences and bring more visitors to experience Hong Kong’s dynamic appeal'.

Hong kong tourism board events