Hong Kong as the Events Capital of Asia

Hong Kong is a dynamic and vibrant city with many mega events held each year. Mega events not only add colour and vibrancy to our city, but also enrich the travel experience of visitors and reinforce Hong Kong's position as the events capital of Asia.

Hosting of More Mega Arts, Cultural and Sports Events

In his 2009-10 Budget, the Financial Secretary has earmarked $100 million to assist local non-profit-making organisations to host more attractive arts, cultural and sports events for the period up to 31 March 2012 to further promote Hong Kong as an events capital of Asia. The funding scheme is launched to implement this budget initiative.

In his 2012-13 Budget, the Financial Secretary proposes to allocate $150 million to the Mega Events Fund (MEF) and extend its operation for five years. The MEF Assessment Committee (AC) was invited to study ways of giving the Fund more flexibility to facilitate its effective operation. The AC will soon examine the modus operandi of the new scheme. We plan to seek funding approval from the Finance Committee of the Legislative Council within this legislative year. Details of the new scheme will be announced at a suitable juncture via Government press releases and this website.