HONG KONG
NEW AIRPORT
Agreement was reached with the Chinese on the airport projects in 1991 when the Prime Minister and Chinese Premier signed an MOU in
which the Chinese Government agreed to support
the construction of the new airport and to encourage potential investors.
Unfortunately, discussions with the Chinese on the overall financing arrangements for the airport have not produced an agreement.
Apparent that the Chinese are linking the airport with other Hong Kong issues, eg
Constitutional.
We and Hong Kong Government intend to implement
the MOU as far as possible and work will continue
on the projects to be funded by HKG.
BACKGROUND
1. The Hong Kong Government have embarked on major infrastructure developments to equip Hong Kong for the 21st century. These include a new airport, expanded port facilities and an improved road and rail network. Discussions were held
over a number of months with the Chinese about the airport.
2.
Agreement was reached with the Chinese on the airport
bullpoints.pad