NEW AIRPORT
All agree that Hong Kong needs a new airport if it is to remain an international trade and financial centre.
Have done our best to take account of Chinese problems with financing arrangements.
- Believe that agreement could be reached quickly if financing
issues tackled on their merits.
In the meantime, we are maintaining momentum on the airport to avoid expensive slippages and cost increases.
The project represents excellent value for money. Any substantial cost reduction would compromise the scope of the project and would not lead to the construction of the first rate airport which Hong Kong needs.
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