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THURSDAY, JANUARY 26, 1989

"WE MUST BE SATISFIED THAT WE CAN PRODUCE A WORKABLE SOLUTION BROAD ECONOMIC, FINANCIAL, INSTITUTIONAL AND PLANNING TERMS. CLEARLY THIS IS A DECISION WE HAVE TO GET RIGHT, HE ADDED.

IN

ON THE WORK THAT WAS IN PROGRESS CONCERNING A REPLACEMENT

KOK AIRPORT, SIR DAVID SAID THE PREVIOUS STUDY ON CHEK LAP

HAD BEEN WAS UPDATED AND THE CURRENT CAPITAL COST ESTIMATE OF AN AIRPORT THERE ABOUT $29 BILLION.

"IT COMPRISES $22 BILLION FOR THE PUBLIC WORKS WHICH INCLUDE RECLAMATION AND CONSTRUCTION OF TWO RUNWAYS, THREE TERMINAL MODULES AND OTHER INFRASTRUCTURAL FACILITIES DIRECTLY RELATED ΤΟ THE NEW HE AIRPORT, AND $7 BILLION FOR THE PRIVATE SECTOR TENANT FACILITIES,' SAID.

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"IT DOES NOT INCLUDE, HOWEVER, THE COST OF THE ROAD LINKS BETWEEN THE NEW AIRPORT AND THE MAINLAND, HE ADDED.

"

"WE BELIEVE THE WORK COULD BE COMPLETED IN ABOUT NINE YEARS FROM A DECISION BEING TAKEN, BUT WE ARE LOOKING AT WAYS OF FAST TRACKING THE PROJECT, HE SAID.

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THE CHIEF SECRETARY POINTED OUT THAT WHILE A REPLACEMENT AIRPORT AT CHEK LAP LOK, WITH DUAL RUNWAYS SPACED 900 METRES ᎪᏢᎪᏒᎢ .

MAXIMUM CAPACITY OF COULD HANDLE MORE THAN DOUBLE THE

ТАК, ΚΑΙ

A LIMITATION OF THAT SITE WAS THAT IT WOULD NOT BE POSSIBLE то BUILD ADDITIONAL RUNWAYS IN THE LONGER TERM.

ON THE OTHER HAND, BECAUSE THE GOVERNMENT RESULTS OF PREVIOUS DETAILED STUDIES, IT WOULD BE EARLY START ON BUILDING IT, SIR DAVID NOTED.

AS FOR HAVING THE REPLACEMENT AIRPORT IN THE SIR DAVID SAID THAT STUDIES CARRIED OUT IN THE LATE SEVERAL POSSIBILITIES.

ALREADY HAD THE ABLE TO MAKE AN

WESTERN HARBOUR, 1970'S IDENTIFIED

"IN 1986 HOPEWELL PRESENTED ΤΟ US SOME MODIFIED IDEAS INCORPORATING NEW PORT FACILITIES AND OTHER URBAN DEVELOPMENT.

OPTIONS AND HAVE

"WE ARE NOW TAKING A FRESH LOOK AT VARIOUS REACHED A POINT WHERE THREE ALTERNATIVE SITES HAVE BEEN IDENTIFIED, HE SAID.

"THE FIELD WILL BE NARROWED TO ONE SITE WHICH WILL THEN BECOME A FIXED POINT OF REFERENCE FOR PORT AND AIRPORT DEVELOPMENT STRATEGY TO PRODUCE AN ALTERNATIVE PORT DEVELOPMENT OPTION,' HE ADDED.

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SIR DAVID SAID A SITE IN THE WESTERN HARBOUR WOULD GIVE MORE FLEXIBILITY IN THAT IT COULD PROVIDE ADEQUATE SCOPE FOR DUAL RUNWAYS

PRODUCE A WITH 2,000 METRES SEPARATION WHICH, IN TURN, COULD AIRPORT LAYOUT AND HAVE RESERVE CAPACITY BEYOND 2011.

BETTER

CITY,

"A WESTERN HARBOUR SITE WOULD ALSO BE CLOSER TO THE IT WOULD OF COURSE PRESENT GREATER ENGINEERING CHALLENGES AND SUBSTANTIALLY MORE, HE SAID,

BUT COST

THE CHIEF

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