A controversial HK$31.9 billion funding package for the Kai Tak Sports Park has been passed by the Legislative Council. The proposal was criticised as it included government plans to provide incentives of up to HK$60 million – or half of the bidding cost, whichever is higher – to construction companies which made bids, even if they were unsuccessful. … Continue reading HK$31.9 billion Kai Tak Sports Park funding passed by Hong Kong legislature