Privatisation could save cash-strapped Ocean Park, the park's chairman said yesterday.
Philip Chen Nan-lok said privatisation provided a 'feasible model' for the park that is now run by a non-profit statutory body.
His comments came as the government took a further step towards the sale and privatisation of government assets by shortlisting investment banks eligible to conduct such sales.
Speculation has mounted that the KCRC and the Airport Authority could be sold. Sales of assets - mainly in tourism, transport, property and housing loans - could reap $112 billion, Financial Secretary Antony Leung Kam-chung said in his budget speech.
Ocean Park and the government's 57 per cent share in Disneyland have been rumoured to be sales candidates.
Mr Chen said he supported privatisation if the government believed the park could be run more efficiently that way.
But he saw no imminent change in ownership and operation until the government agreed on a development blueprint.