The Hong Kong Government will be launching the Convention and Exhibition Industry Subsidy Scheme on October 3 to help ease financial burdens on the local convention and exhibition industry and help it attract domestic and overseas exhibitors, buyers and conference delegates to Hong Kong.
The Subsidy Scheme offers to cover a 100 per cent venue rental cost for organisers of exhibitions and international conventions held at the Hong Kong Convention and Exhibition Centre and AsiaWorld-Expo.
The announcement has been welcomed by Hong Kong Convention and Exhibition Centre (HML).
“Many international exhibitions and conventions originally scheduled for the second half of 2020 have been postponed or cancelled,” said HML managing director Monica Lee-Müller.
“Mega exhibitions typically have long planning lead-times, and re-launching them before the October 2021 deadline for the Subsidy Scheme may prove challenging.
“However, we believe that once the pandemic is under control, exhibition and convention organisers will waste no time bringing exhibitions back onto their event calendars.
“To ensure that mega exhibitions and international conventions return to Hong Kong after the pandemic, the industry will continue to communicate closely with the Government so that timely actions can be taken to maximise the impact of the Subsidy Scheme.”