Building.hk eBulletin  

 

Industry News <Search  <Archives  <eBulletin  


September 8, 2020

Tender for the ACE project withdrew

WKCDA’s Chief Executive Officer, Mr Duncan Pescod recently reported that, in spite of COVID-19, the overall progress on the projects in the West Kowloon Cultural District is good. However, due to the recent return to the work-from-home arrangements by Government departments, there have been an unavoidable impact on the M+ project. Statutory inspections had been temporarily suspended since the third week of July 2020, which has impacted the Occupation Permit (OP) process. The Authority will now most likely be able to secure the OP soon, and this could have a knock-on effect on the opening arrangements. WKCDA is monitoring the situation and will adjust the programmes as necessary.
     Mr Pescod also provided an update on the tender for the Art, Commerce and Exhibitions (ACE) project which was announced in June 2019, followed by the commencement of an Expression of Interest (EOI) exercise. The reaction to the EOI exercise had been very good. However, due to the uncertain market economic outlook, the response to the subsequent tender had not been as positive as expected. The Authority has therefore decided to withdraw the tender, and has informed those concerned. In reaching this decision, a combination of factors have been taken into account, including a thorough and detailed assessment of the current market situation.
     Mr Pescod reassured that the Authority remains committed to the ongoing development of arts and cultural facilities and the planned commercial projects within the District. WKCDA will continue to monitor the situation and bring forward the projects at an appropriate time.


(Photo: WKCDA)

 

 





,



Copyright © Building.hk All rights reserved.