- MAP Asia Pacific Ltd
How Ocean Park can rebrand itself as the face of new Hong Kong
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.