Chief Executive John Lee on Tuesday said the opening of Kai Tak Sports Park will mark a significant milestone in Hong Kong's sporting and cultural landscape.

An opening ceremony will begin at 6.30pm on March 1, with a joint broadcast at 9.30pm across four free TV channels, rather than being shown live.

Asked about the broadcast arrangements, Lee said he believes the production company has tried its best.

"We have to make sure that members of the public will be able to view the event for free through the TV channels so that we can share the happiness with everyone," he said.

"The production company will seek partners to help deal with all the challenges that they are going to face. In this regard I believe the production company has been working very hard. They're going to find the best solution within such a short period of time."

The park's opening is part of what is being billed as Hong Kong's "Super March", alongside Art Basel, ComplexCon, and the World Grand Prix snooker tournament.

Lee said the mega events scheduled for the first half of this year are expected to attract 840,000 tourists and generate HK$3.3 billion in spending.