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Showing posts with the label Ma Wan marina

Is a casino planned for Hong Kong? And will it be on Ma Wan?

It used to be relatively accepted thinking that Hong Kong would never get a casino as "the Jockey Club has a monopoly on gambling in Hong Kong". And historically, and before China yielded a greater influence over Hong Kong this was pretty much a given. Indeed, the HKJC was (and still is) a strong lobbyist against any form of competition, and was (and still is) backed by many people of power and influence from the pre-1997 colonial era.
Hong Kong already has "floating casino boats", and many Hong Kong citizens these days simply gamble on-line, or through more traditional Chinese triad associated shadow "gambling facilitators" (who take bets, lend money, pay out money, and when needed, collect money via various methods).
And right next to Hong Kong we of course have the gambling mecca of Asia, Macau (where many casino companies are actually listed in Hong Kong, on the Hong Kong Stock Exchange ("HKSE") including Sands China, Galaxy Entertainment, …

Luxury resort plans for Ma Wan old village

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Many Park Island residents have heard, "from someone who heard", that there might be plans for a luxury resort and marina at the Ma Wan old village. I'm going to provide a little more information on this.
It is my understanding that there are indeed plans to build such a resort on Ma Wan, along with quite extensive plans to develop (with appropriate conservation and restoration) the Ma Wan old village.
The development of the resort and old village are scheduled, at this stage, to take place between 2016 -2019.
I will provide more details in due course, but for now I wanted to show you where the resort will be.
The location marked with the red star is the area where Government approval has been given for the development of the resort. Apparently, approval requires the resort to have no more than 400 rooms, and requires, among other things, the developer to provide "sufficient road transport to and from the resort".
It is also dependent on "the completion of th…