Latest News:  
Beijing   Sunny/Cloudy    6 / -3   City Forecast

People's Daily Online>>China Business

HK gov't awards tenancy of new cruise terminal at Kai Tak


15:24, March 08, 2012

HONG KONG, March 8 (Xinhua) -- The Tourism Commission of the Commerce and Economic Development Bureau of Hong Kong announced Thursday that the tenancy for operating and managing the new cruise terminal at Kai Tak has been awarded to the Worldwide Cruise Terminals Consortium (WCT).

The successful bidder is a joint venture of three companies, namely Worldwide Flight Services, Royal Caribbean Cruises Ltd and Neo Crown Ltd.

A spokesman for the Tourism Commission said, "The new cruise terminal is an important tourism infrastructure project in Hong Kong. It is key to developing Hong Kong into a regional cruise hub in Asia and enhancing our position in tourism."

The spokesman said, the WCT possesses rich experience in various aspects, and is suitable for operating the new cruise terminal, "We believe the WCT will fully apply its expertise to meet the operational needs of the new cruise terminal."

According to the terms of tenancy, apart from arranging the berthing of cruise vessels as well as embarkation and disembarkation of passengers, the WCT will also be responsible for the operation and management of the cruise terminal, such as traffic arrangements within the transportation area, security arrangements, tenancy of the ancillary commercial area, promotion of the cruise terminal, etc.

The WCT is required to pay to the Government a fixed rent and a variable rent. The fixed rent for the 10-year operation is approximately 13 million HK dollars. The Government will receive a percentage of the gross receipts of the operator as the variable rent, and the percentage of the gross receipts to be shared with the Government will increase as the gross receipts go up. The percentages of gross receipts that the WCT will share with the Government range from 7.3 percent to 34 percent.

According to the city's government, construction works for the new cruise terminal are progressing smoothly, and the terminal building and the first berth will come into operation in mid-2013 as scheduled.


Leave your comment0 comments

  1. Name


Selections for you

  1. Guangzhou beats Jeonbuk 5-1 in AFC Champions League

  2. Group wedding held to mark Int'l Women's Day in Quanzhou, Fujian

  3. A journey in North Tibet: Potala Palace

  4. North Korea, a beautiful, bright country

Most Popular


  1. Chinese products bring benefits to U.S. consumers
  2. Is international 'hot money' flowing into China?
  3. China's economy to roar ahead amid global woes
  4. U.S. solution to Syria issue doomed to failure
  5. Trust key to stability on Korean Peninsula
  6. Public will increasingly swaying diplomatic policies
  7. Political dialogue is right solution to Syrian crisis
  8. West's pressure no sway on China's defense budget
  9. Manila returns to usual games of cat and mouse
  10. How should China cope with US return to Asia?

What's happening in China

Beijing to switch from coal to gas to go green

  1. Low-priced tomb offer shunned
  2. Early start on PM2.5 monitoring
  3. Taboo subject takes its toll on women
  4. Court accepts Jordan trademark infringement suit
  5. Poor patients with critical illnesses to get gov't aid

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai