Overseas companies can expect a myriad of business opportunities as the SAR
Government pumps HK$18 billion (US$2.3billion) into the tourism industry over the next five years.
Tourism chiefs are confident the industry will continue to have strong potential over the period despite the short-term setbacks that might be caused by the recent terrorist attacks in America.
Planned projects under the master plan
Tourism Hong Kong will turn five districts into tourism hubs, leading to new developments and the creation of jobs.
Chief Executive Tung Chee Hwa said the investment would further secure Hong
Kong's position as the Asia-Pacific's leading tourist destination.
：Tourism is one of the key economic drivers of Hong Kong. The significant
investments we are going to make in the next few years will not only add
more attractive sightseeing points for visitors, it will also create many
new jobs and contribute towards the growth of our economy.；
The ：big five； sites include:
North Lantau : focusing on Disneyland and a cable car system linking Tung Chung to the Big Buddha to make Lantau Island a truly tourism island.
Sai Kung green heart: to become Hong Kong's ：back garden；, with water sport attractions and world class resorts.
Kowloon cultural belt: developing world-class cultural and entertainment area between West Kowloon and the Tsim Sha Tsui harbour promenade.
Central District: enhancing the heritage, entertainment and dining area radiating from Lan Kwai Fong and Hollywood Road.
Waterfront: a HK$500 million (US$64 million) ．Adventure Bay・ attraction at Ocean Park, and a Fisherman・s Wharf-style development at Aberdeen.
Mr Tung added the Government encouraged the private sector to participate in Tourism Hong Kong developments. ：For instance, there will be a demand for more hotels. New opportunities will be plenty.・・
International engineering consultant Ove Arup & Partners Hong Kong Ltd, part of UK-based Arup Group, welcomes the Government・s plan for such a major investment in tourism projects, according to technical director Alex Kong.
：With the West Rail now in its final stage of construction, there is a need for new infrastructural projects. The wealth of engineering expertise in Hong Kong could be kept deployed in projects such as the cruise terminal is Southeast Kowloon and the tourism developments at Ngong Ping,； said Mr Kong.
