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(d)
greater certainty in terms of costs, programming and feasibility of major works;
(e) greater scope for incremental port development at West
Harbour;
(f)
improved port access through a new channel west of
Lamma Island not being pre-empted;
viable
(g) opportunity for the progressive development of a
better-integrated and
transport
infrastructure network particularly at West Kowloon;
more
(h)
greater potential for urban development at North
Lantau; and
(i)
relatively smaller workload and a shorter duration of
peak workload on the building and construction
industry.
(b)
Port and Airport Development Strategy
4.
The Administration's financial approach for the chosen Port and Airport Development Strategy is governed by two main
considerations
(a) to keep the overall costs down as far as possible as
consistent with an efficient airport and port;
is
and
(b)
to keep public sector costs to the minimum, by encouraging private sector participation where this
makes financial sense. This not only brings in
private sector funds but also the commercial disciplines and efficiencies of the private sector.