(c)
TRANSPORT
- 6 -
Rail
Loan (to Rail Corp.)
1997
1992
Lantau Fixed Crossing
BOO/BOT (Note 2) 1996
1991
North Lantau-
BOO/BOT
Green Island
2004
1998
=
Note 1: B00 Build, own and operate by the private sector Note 2: BOT = Build and operate by the private sector for a certain
period and then transfer to the Government
8.
A further elaboration of some of the reasons why these projects are thought to be attractive to the private sector is
as follows :
(a) all container terminals in Hong Kong are privately financed, built and operated. They have proved to be a very attractive commercial enterprise;
(b)
multi-purpose terminals are another type of port
facility.
They are more versatile than container
terminals and can handle cargo from different
types of ships. Hong Kong does not yet have any purpose-built multi-purpose terminals. However, studies done So far indicate that they would be
commercially viable;
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