Ocean Park has been an integral part of our city’s collective memory and an invaluable piece of Hong Kong’s tourism-driven economy. But with the recent double whammy of political instability and the Covid-19 pandemic, many say that the theme park is on its last legs.
In May, Hong Kong’s lawmakers approved a HK$5.4 billion (US$697 million) bailout to salvage the park, which reported a record deficit of more than HK$557 million in the 2018-19 financial year. The bailout would keep the park solvent for now but it remains unclear whether the government will play any further role in keeping it alive.
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