Hong Kong’s M+ and Moma’s Moma’s Moma Up

After a year of discussions, the Museum of Modern Art in New York and M+ in Hong Kong, a contemporary art museum in the Hong Kong Arts in Hong Kong, has made the official character to an agreement that could soon see the participation of offers, research and donor development resources.
The Convention represents the first Moma cooperation of this type with a major institution based in Asia. It is scheduled to cover six areas, including the preservative and preservation of Al -Qais, and the training of employees, and the joint organization of future exhibitions.
At Moma’s Wednesday’s party, I was held to announce the partnership, and officials who oversee M+ and the West Kowloon Arts (WCKDA), a governmental body that provokes financing to operate it, said that the M+ volumes transmits the increasing operating costs. They also face difficulty in bringing the same amount of visitors before birth.
The agreement is part of a wider effort by WKCDA to develop its network of international partners, which has now reached more than 20 other museums worldwide. Last March, during a cultural summit held in Hong Kong to promote the city’s investments in the arts, WKCDA revealed that it signed more than ten agreements with international institutions, including the Bombodo, Tit and Picasso Museum. I fell. The Moma Agreement is the most comprehensive yet, according to M+officials.
The M+ was opened for the public in 2021 and includes a rich collection of contemporary Chinese art donated by the Uli Sigg Mosque. The agreement provides the young museum wider to the work of a heritage institution such as Moma, who is 96 years old and witnessed an estimated 2.7 million visitors in 2023 alone.
“We are not an island,” said Sohaania Raville, M+, on Wednesday. She continued to describe how museums use loan agreements with international partnership institutions to deal with “limited resources”. (Understanding notes are commonly used in international relations and cultural institutions to make the official nature of research cooperation or commercial partnerships before adhering to binding agreements.)
For Moma, the coalition gives a stronger foothold in Hong Kong, which considers itself a similar financial position for New York and London. However, despite all the trade that occurs there, Hong Kong does not yet have a museum scene like these international axes.
“With the M+, we can explore new coordinated trends and expand the public’s participation worldwide,” said Glenn Laurie, outgoing director Moma, in a statement.
In conversation with ARTNEWS During the ceremony, said Betty Fung, who has served as CEO of WCKDA since 2021, said the organization is still developing ways to gain financing and build relations with individual donors in a way that is very similar to those in peer institutions in the West. The development of donors is only part of the agreement, according to Fung.
In February, Fung warned of local outlets that the Hong Kong gift is worth $ 2.75 billion, which was established by the Legislative Authority in the city in 2008, may dry out without external resources. The museum recorded more than 4 million visits during the period 2022-23. The M+ 2.7 million visitors, while its adjacent museum, supervised by the provincial body brought 1.25 million people. WKCDA reported a deficit of $ 578 million Hong Kong at 2023/24.