The government announced yesterday that the Food Truck Pilot Scheme will open for applications today. The Financial Secretary first spoke of the plans to implement in Hong Kong the food truck business model about a year ago and has received widespread support. It will involve allowing 16 food trucks to operate in 8 different popular tourist destinations around Hong Kong.
The application process has been finalised and applicants will be scored on four different components which includes a food concept and menu proposal (40%) that will also be demonstrated in a cook-off, a business and financial plan (25%), design of the vehicle (25%) and finally 10% that will be given exclusively to start-ups. The 10% is a welcome inclusion to combat potential domination by big catering companies, but many have pointed out the huge loophole that companies could still secure the 10 bonus points by setting up new companies or collaborating with other small operators.
Photo credit: Hong Kong Food Truck Association
Specific cost structures have also been laid out. Operators will have to pay HKD$9,200 to HKD$22,000 or 8% to 15% of their revenue to the venue, whichever is higher and depending on location.
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