1990-10-03

17:56

G.I.S

Information Note

Estimates of the economic disbenefits

of not having a new airport

P.04.09

1. Different

estimates of the economic digbenefits of not

having a new airport were produced because different

consultants used different

2.

3.

them.

The

the PADS Study.

assumptions

deriving

estimates were used in different stages of

their estimate to examine

The Kai Tak Consultants used their estimate

whether it was desirable to have the Kai Tak airport

to

their estimate, the economic

Hong Kong of not catering for all the

1996 (1.e. the

retained.

According

disbenefits

to

air

year

when

the

Kai Tak

potential

passenger demand

after

airport

ilg reaches

full

capacity) would amount to HK$101 billion).

The PADS Consultants had subsequently recalculated the

disbenefits

figures for use in their evaluation of

alternative

airport strategies, namely the Chek Lap Kok

replacement

replacement

airport strategy and the

airport strategy.

West

Harbour

Instead of giving a

single estimate,

they

reckoned that the amount of net

(1) At 1987 prices, for the period from 1997 to 2010.

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