After almost a year of wrangling, Hong Kong’s largest film studio project has been given the go-ahead.
Construction of Hong Kong Movie City — a $147 million facility being developed by a consortium including local entertainment firms Shaw Brothers, Media Asia, China Star and Mei Ah — was due to start in 1999.
It stalled when the government asked that a pyrotechnics storehouse for the local industry be built on the site. The developers balked, and construction stalled while negotiations continued. The government has now withdrawn its request. Completion of the 7,534,740-square-foot facility is expected in 2004.