Secretary for Home Affairs Tsang Tak-sing believes sufficient funds will be available for organising the 2009 East Asian Games, adding changes in economic conditions will not affect the event's attendance.

He told lawmakers today estimated spending for organising the games is about $240 million and the Legislative Council has already approved $123 million.

Cash sponsorship amounting to $64 million has been secured so far. Proceeds from admission tickets, sale of merchandise, and publicity and promotional programmes will provide another $43 million.

"As for the remaining sum of around $10 million, some other supportive individuals and organisations have already expressed interest in providing it. The 2009 East Asian Games (Hong Kong) Limited is currently finalising the details with these individuals and organisations," he said

Job creation

The East Asian Games Company plans to increase the size of its establishment from the current level of 60 staff to 100 this year. The plan will be implemented as scheduled and will not be affected by the economic situation.

The company will create 1,000 temporary positions for the organisation of the games through various service contracts. The positions will include security guards, drivers, and executive staff.

The Government has constructed the new Tseung Kwan O Sports Ground and is conducting improvement works at 13 government venues. All the works, which have created 1,000 jobs, are expected to be completed by mid-year.

Mr Tsang said tickets will be sold at reasonable prices and there will be an array of local and overseas promotional activities.