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New World boss Adrian Cheng appointed chairman of new Hong Kong cultural committee seeking to bring big events back to the city
- The Mega Arts and Cultural Events Committee will advise a fund that will subsidise big events in the city
- It hopes to facilitate cultural exchanges between China and the rest of the world and support the development of Hong Kong’s arts scene
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The boss of New World Development has been appointed chairman of a new arts and culture committee seeking to bring major events back to Hong Kong and reestablish the city’s reputation as an international tourism destination and cultural hub.
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Hong Kong’s government on Tuesday announced the formation of the Mega Arts and Cultural Events Committee to be chaired by Adrian Cheng Chi-kong.
It comes after the city’s Chief Executive John Lee Ka-chiu said in his policy address in November that the government would set up the Mega Arts and Cultural Events Fund to strengthen Hong Kong’s status as a cultural exchange hub between China and the rest of the world.
Cheng, along with eight other committee members from different industries including renowned architect Eric Yim, West Kowloon Cultural District Authority board member Yolanda Ng and former CEO of Emperor Entertainment Group Ng Yu, will advise the fund, the government said.
The fund, designed to promote international cultural exchanges, will offer subsidies worth a total of HK$60 million (US$7.68 million) each year. Large-scale cultural events such as Art Basel and Art Central will be allowed to apply for a maximum subsidy of HK$15 million, according to the government’s plan.
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