The Mega Arts & Cultural Events Committee held its first meeting today to discuss the application procedure and guidelines for the Mega Arts & Cultural Events Fund (Mega ACE Fund) which will open for applications in the second quarter.

The committee members also shared ideas for attracting new signature arts and cultural events of different forms to anchor in Hong Kong.

Additionally, they discussed the possibility of inviting globally renowned art fairs, art installation exhibitions and large-scale music performances to come to Hong Kong.

The Culture, Sports & Tourism Bureau launched the Pilot Scheme for the Mega ACE Fund at the end of last year, with a view to accepting applications of signature arts and cultural events planned for 2023 while the committee was being set up.

Four applications were assessed and approved under the pilot scheme, including Art Basel Hong Kong 2023, Art Central 2023, Madame Song: Pioneering Art & Fashion in China, and Masterpieces from the National Gallery, London (working title).

The Chief Executive announced in the 2022 Policy Address the establishment of the Mega ACE Fund to promote the staging of more international arts and cultural events in Hong Kong.

The committee, comprising leaders and representatives of relevant sectors, was established on February 1 and tasked to advise the Government on the operation of the Mega ACE Fund and issues related to staging large-scale arts and cultural events in Hong Kong.