7

and

total

general fire services facilities).

estimated capital

of the $46.3 billion

of cost

the airport, only $33.7

billion will need to be funded by the AA itself (Government

will

fund

the directly

$3.1

billion costs of Government

facilities at the airport). The objective of the financing

strategy

therefore, is,

billion cost.

to

finance this estimated $33.7

12.

All of

these

estimates

are subject

to ongoing

refinement.

The

AA's

costs

include an

average

17.5%

contingency

element.

The

estimate

tenant for

support

facilities (i.e.

air

cargo

aircraft and

maintenance

Since these

facilities etc.) is very approximate.

facilities will be funded by private sector investors who relevant concessions, the ultimate cost of these

obtain the

facilities will depend on their commercial judgement.

Operating Costs

13.

These were

estimated

jointly by the PAA's Master

Civil Aviation Government's

Plan consultants and the

Department, drawing on experience at Kai Tak airport and on

experience

elsewhere

airports

in similar

noted

that

the

AA

be

in the world

nature to Chek Lap Kok.

will

the in

operation

of

It should be

required

to

reimburse

the

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