Hong Kong is set to host the World Snooker Grand Prix at the Kai Tak Arena, the first ranking tournament to be held in the city since 1989.

The tournament will take place from March 4 to 9, featuring the top 32 players from around the world including Judd Trump and Ronnie O'Sullivan, who will be playing on home turf for the first time after becoming Hong Kong residents through the Quality Migrant Admission Scheme.

Other snooker greats set to be in action include China's top player Ding Junhui, former World champions Mark Selby of England and Australian Neil Robertson, and the current World champion Kyren Wilson.

"This will be the first formal sport event to be held in Kai Tak Arena, so there will be a lot of challenges because I don't think anyone in Hong Kong has the experience of organising something of this scale in this venue," said Vincent Law, chairman of the Billiard Sports Council of Hong Kong China.

"We are working on every single detail meticulously, especially the production, the seating plan, the scenery, the facilities for example the media room, the media centre, the other rooms for the players, a lot of things. It's not an easy task, but we are trying our best."

It's also the first time Hong Kong will host the World Snooker Grand Prix.

Simon Brownell, CEO of the World Snooker Tour, said it'll be a treat for both the fans and the players.

"They will be desperate to become the first to lift the historic World Grand Prix trophy in Hong Kong, and to win the historic highs prize money for this event," he said.

"For the local fans, it will be incredible opportunity to watch the best players on the planet and marvel at their skills. We are sure the atmosphere will be electric and it will be a fabulous experience for everyone inside the arena."

During the event, exhibition matches will be held for other elite players, including local favourite Marco Fu.

He said it promises to be a great tournament that would further promote snooker in Hong Kong.

"Looking back, many years ago I went to Queen Elizabeth Stadium to watch the likes of Steve Davis, Jimmy White, they played in an exhibition tournament in Hong Kong, and that's when I really fell in love with the game of snooker," Fu told RTHK.

"I'm sure many youngsters will come to this tournament to watch all the top players playing, and I'm sure they're going to fall in love with the game of snooker.

"After this tournament, more youngsters will pick up the cue and start to play snooker. It's going to be fantastic."