CONFIDENTIAL
AIRPORT AND RELATED PROJECTS
WB ICW_DON RECLAMATION
$9.5(12%)
VILITES&CTHER MISC.
+20(2%)
TUNG CHUNG DEVELOPMENT -
PHASE $3.0 (4%)
North Lantau Expressway ($5.0}
Lantau Fixed Crossing - Bridges ($7.0
HIGHWAYS & BRIDGES $26.5 (34%)
Lantau Fixed Crossing - Rail reserve & Route 3
Interchange ($3.0)
Roule 3 - Kwai Chung & Tsing Yi Sections ($5.0)
West Kowloon Expressway is
Western Harbour Crossing (40
NOTE:
1. Some of these projects (lor example, the West Kowloon Reclamalion and expressway,and the Western Harbour Crossing) are required even without ar airport, and some are expected to be financed wholly (Western Harbour Crossing) or partly (Chek Lap Kok Airport) by the private sector.
2. This expenditure should be seen in perspective, against the fiscal reserves of $72.5 billion and the increasing Lan: Fund, and against the considerable revenue arising from these projects, including potential revenue of nearly $40 billion from land sales.
¿CHEK LAP KOK
AIRPORT $38.0 (48%)
ESTIMATED ORDER OF COSTS UP TO 1997
(IN HK$ BILLIONS IN 1990 PRICES)
CONFIDENTIAL
акти
GUVI HUUSE
HK
/. -PT Qs.
7:15
PHGE IU