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Tenants at Kai Tak cruise terminal say relief efforts not enough to overcome Hong Kong’s tourism slump
- Under a US$512 million package for SMEs unveiled this week, tenants will get a rent cut and cruise lines will pay lower docking and passenger fees
- But the firms say more help is needed to cope with declining tourism, as the economy reels from the impact of the Hong Kong protests and US-China trade war
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Tenants and cruise lines at the underused Kai Tak Cruise Terminal on Friday called for more help to weather Hong Kong’s tourism slump, saying the government’s recent measures to support the industry did not go far enough.
Financial Secretary Paul Chan Mo-po on Wednesday unveiled a fourth wave of relief measures to help small and medium-sized enterprises cope, as the economy reels from the double whammy of the Hong Kong protests and the US-China trade war.
Under the nearly HK$4 billion (US$512 million) package, the Kai Tak Cruise Terminal would enjoy six months of relief, in which government rents for tenants, as well as docking and passenger fees for cruise lines, would drop by 34 per cent.
The plan, which would benefit six tenants and 105 ships calling on the terminal during the six-month period, was met with a cool response by the companies.
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