Taking all the above assumptions together it would appear likely, given that the airport project proceeds, that overall capital expenditures will peak in 1984-85 at around $19.8 billion (in-1980 prices) and remain at a very high level until after 1986-87 as follows
81-82 82-83 83-84 84-85 85-86 86-87 87-88 88-89 89-90 90-91
($ billion 1980 prices)
G
PWP items
excluding land 4.6 6.0 6.8
Housing
7.0 6.8 6.7 6.4 5.6 4.7 4.5
Authority
3.9 3.9 3.9 3.9 3.9
3.9 3.9
3.9 3,9
3.9
Lantau Airport,
bridge and
development
0.2
1.2 1.7
2.1 1.9 2.2 2.4
1.8
MTR
expenditure
1.0
1.5 1.3
1.3 0.8 0.5
Private sector 6.4 6.4 6.4
6.4 6.4 6.4 6.4 6.4 6.4 6.4
Tota 1
15.9 17.8 18.6
19.8 19.6 19.6 18.6 18.1 17.4 16.6
42
The years of heaviest investment coincide with the period during which investment in the proposed Tin Shui Wai development, if it proceeds, would be accelerating, as indicated in the following table -
G.S. 166
CONFIDENTIAL
機密