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HK Govt Launches Open Tender for Next Tenancy for Kai Tak Cruise Terminal
2025-12-24 11:06:52 The Hong Kong government launched an open tender for the tenancy for operating and managing the Kai Tak Cruise Terminal (KTCT). The tenancy agreement with the current terminal operator will expire on 31 May 2028. Considering that international cruises plan their itineraries two years in advance, the government is now launching the tender for the next tenancy to allow the terminal operator under the new contract to commence arrangements for cruise ship berthing as early as possible. The selected operator under this tender exercise will operate and manage the KTCT for a term of 10 years. The government may consider extending the term for a further five years, subject to the operator's satisfactory performance. ~ AAStocks Financial News Website: www.aastocks.com | |