00-001-1990 IB:IY
INFURPATIUN SERVICES DEFI
323
1021
7,00. 20
‚1990-10-23 12:20 FSR GS
852 852 4679
P.04
could be
re-deployed
that thic
the
value
to
other occupations, and
re-deployment could still yield 80% of
added which would otherwise have been
obtained from the airport-associated employment.
Mainly on thic basis, the PADS Consultants
economic disbenefito of not
reckoned that
the
having 2 new airport
would be reduced to HK$68
billion.
(a)
In
addition
رم اباد
further assumed
(b)
above, the PADS Consultants
that
high airport charges and
restraints could be put in
possibly other tight
place to scale down the level of air traffic
closer to the capacity of the existing airport at
Kai Tak.
This reduced the economic disbenefits
further to only HK$11 billion.
4.
We
are less optimistic than the PADS Consultants on the
extent of adjustment that is possible under cases (b)
We believe that their alternativo estimates
and (c).
મ' (b) and (c) are
reasons:
conservative,
for the following
( )
The assumption
adopted by
the PADS Consultants
concerning the
application of price
mechanism
(i.c. airport
charges
and air fares) to ration