Chan’s remarks came during a media briefing that introduced the arts hub to local and mainland Chinese press as part of a campaign to highlight the Greater Bay Area development plan. The authority is waiting for the government’s decision on a proposed funding plan that may involve selling part of the 40-hectare arts district. Financial challenges are attributed to a revenue delay, but Chan remains confident in future commercial projects improving the hub’s finances.
Despite facing financial pressures, Chan emphasized the importance of continuing the arts development. He mentioned the potential pause in construction for certain facilities based on financial circumstances. The vice-chairman stressed the necessity of support for cultural institutions worldwide and expressed determination in moving forward with the arts district’s development.