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THURSDAY, OCTOBER 12, 1989
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"THE TWO RUNWAYS TOGETHER WILL HAVE A CAPACITY FOR OVER 70 AIRCRAFT MOVEMENTS PER HOUR WHICH IS MORE THAN DOUBLE KAI TAK'S DESIGNED CAPACITY OF 30 AIRCRAFT MOVEMENTS PER HOUR.
"THE NEW AIRPORT WILL BE CAPABLE OF HANDLING 28.6 MILLION PASSENGERS IN THE FIRST YEAR OF ITS OPERATION, THAT IS,
WHEN THE FIRST RUNWAY IS OPERATIONAL. THE CURRENT MAXIMUM POTENTIAL FOR KAI TAK IS 24 MILLION PASSENGERS PER ANNUM, SHE SAID.
MRS CHAN SAID THE LATEST AVIATION TECHNOLOGY WOULD BE USED IN DESIGNING BOTH THE RUNWAYS AND THE AIR PASSENGER TERMINAL OF THE NEW AIRPORT.
IT WAS HOPED THAT THE FIRST RUNWAY WOULD BE OPERATIONAL BY THE EARLY PART OF 1997 AND, DEPENDING ON THE ACTUAL NEED AT THE TIME, THE SECOND RUNWAY COULD BE OPERATIONAL WITHIN TWO YEARS FROM THAT DATE.
ON FINANCIAL PACKAGING, THE SECRETARY FOR THE TREASURY, MR HAMISH MACLEOD, SAID PRIVATE SECTOR PARTICIPATION WOULD BE A KEY TO A RANGE OF INDIVIDUAL PROJECTS. IT WAS ESTIMATED THAT THE PRIVATE SECTOR WOULD FIND IT ATTRACTIVE TO PARTICIPATE IN ABOUT 40-60 PER CENT OF THE PROJECTS IN TERMS OF THE TOTAL COST.
HE SAID THE PROJECTS WHICH WOULD BE ATTRACTIVE TO THE PRIVATE SECTOR WOULD INCLUDE IN THE PORT, THE CONTAINER TERMINALS AND CONTAINER BACK-UP AREAS SUCH AS CONTAINER LORRY PARKING AND CARGO WORKING AREAS.
AS FAR AS THE AIRPORT WAS CONCERNED, MR MACLEOD SAID THE FUNDING OF THE AIRPORT AUTHORITY WOULD BE BY A MIXTURE OF EQUITY AND LOANS. INITIALLY, IT WOULD BE GOVERNMENT EQUITY. IT WOULD THEN RAISE MONEY ON THE MARKET IN A WAY RATHER SIMILAR TO HOW THE MTRC RAISED MONEY FOR THE MASS TRANSIT RAILWAY.
ON THE TRANSPORT AND RAILWAY SIDE, THE SECRETARY FOR TRANSPORT, MR MICHAEL LEUNG, SAID A DUAL THREE-LANE EXPRESSWAY 12 KILOMETRES LONG WOULD BE BUILT ALONG THE COAST OF NORTH LANTAU SERVING THE AIRPORT, THE PORT, AND THE TUNG CHUNG COMMUNITY,
A FIXED CROSSING WOULD BE BUILT TO LINK NORTH LANTAU AND MA WAN AND THEN A BRIDGE OR A TUNNEL WOULD BE BUILT TO LINK MA WAN AND TSING YI, SUBJECT TO FINDINGS OF A DETAILED STUDY.
THE LATTER CROSSING, MR LEUNG, SAID, IF IT WENT AHEAD WOULD BE
A 1,400 METRE LONG SUSPENSION BRIDGE.
"MOVING ON, THIS BRIDGE AND ROAD GOES ON то TSING YI ISLAND WHICH CONNECTS WITH THE TSING YI SECTION OF ROUTE 3 AND THEN GOES ON TO KWAI CHUNG ALONG THE COAST OF WEST KOWLOON ON NEW RECLAMATION ON THE WEST KOWLOON EXPRESSWAY. IT THEN GOES FURTHER DOWN SOUTH THROUGH THE THIRD HARBOUR CROSSING CONNECTING THE WESTERN PART OF HONG KONG ISLAND," MR LEUNG SAID.
ALONGSIDE THE NEW ROAD NETWORK, A FAST AND COMFORTABLE WOULD BE BUILT TO SERVICE AIRPORT PASSENGERS.
RAILWAY
/ON FINANCING,