The Lands Department is inviting tenders on a 12-hectare site in Ma Wan that it wants to see developed as a theme park, scrapping one conceptual plan that would turn the site into a snow world. The government has instead invited tenderers to propose plans for a different theme park on the site after Sun Hung Kai Properties, which controls the massive residential Park Island development nearby, appeared to abandon the snow world idea. One analyst was sceptical about whether any kind of theme park could compete with Disneyland on nearby Lantau Island. Hotel, retail and residential-related developments are also permitted as potential subjects for the 1.3 million square foot area, of which 520,000 square feet is slated for development. Under the terms of the tender the government is giving extra weight to the viability of the business plan and its benefit to local tourism and the economy, weighting the bidding price on the tender at just 35 per cent of its assessment ranking. SHKP had no comment on the tender yesterday, although a spokesman earlier said the snow world theme park had never been a firm plan. The company's Park Island development on Ma Wan will ultimately provide a gross developable area of up to 3.65 million square feet holding a maximum 5,100 residential units. SK Pang Surveyors managing director Pang Shiu-kee said Hong Kong was too small for yet another theme park. 'I'm afraid the two theme parks will compete for visitors. Disneyland has the absolute advantage,' he said. However, Wharf (Holdings) assistant director Ricky Wong Kwong-yiu said more diversifed theme parks could attract more tourists.