FRIDAY, JULY 27, 1990
PER
"AGAIN, EVEN AT A CONSERVATIVE GROWTH RATE OF 8.6 PER CENT
I MIGHT ANNUM, WE FORECAST PORT CARGO TO INCREASE FIVE-FOLD BY 2011.
IN TRAFFIC OVER THE PAST SAY THAT THE AVERAGE ANNUAL GROWTH
FIVE
YEARS HAS BEEN NEARLY 14 PER CENT, HE SAID.
"KNOWING THAT WE WOULD NEED BOTH A NEW AIRPORT AND MASSIVE
WE HAD ΤΟ DECIDE PORT FACILITIES IN THE SECOND HALF OF THIS DECADE, WHERE THEY SHOULD BE PUT," MR CHAN ADDED.
NEW
"WE STUDIED OVER 40 DEVELOPMENT STRATEGIES, AND HAVE OPTED
BEST OPTIONS IN TERMS AN INTEGRATED APPROACH THAT PROVIDES THE OVERALL DEVELOPMENT AND USE OF RESOURCES,"
FOR
OF
AIRPORT
MR CHAN SAID THE PLANS WERE THAT THE NEW INTERNATIONAL
LANTAU AND WOULD COVER WOULD BUILT ON CHEK LAP KOK ISLAND NORTH OF ABOUT 1,000 HECTARES.
BE ABLE OF AIR MOVEMENTS PER
WITH APPROPRIATE DEMAND MANAGEMENT MEASURES, IT WILL TO HANDLE UP TO 80 MILLION PASSENGERS AND FOUR MILLION TONNES CARGO A YEAR. IT WILL BE ABLE TO DEAL WITH 70 AIRCRAFT HOUR.
"THE FIRST RUNWAY SHOULD OPEN IN EARLY 1997; THE SECOND COULD BECOME OPERATIONAL TWO YEARS LATER IF DEMAND SAID.
++
SO
REQUIRES,
RUNWAY HE
INTENDED
TO CREATE
A
STATUTORY
IN
MR CHAN SAID THE GOVERNMENT AIRPORT AUTHORITY IN ORDER TO BUILD AND BRING THE AIRPORT INTO USE
THE AUTHORITY THE QUICKEST AND MOST EFFICIENT WAY.
WOULD CONSTRUCT
AND MANAGE THE NEW AIRPORT.
BEEN ESTABLISHED PROJECT
HAD HE SAID A PROVISIONAL AIRPORT AUTHORITY TO OVERSEE THE IMMEDIATE TASKS INVOLVED IN MOVING THE AIRPORT FORWARD.
T
THINKING IS THAT THE "AS TO FUNDING, HE SAID, "OUR INITIAL
LOAN AUTHORITY SHOULD BE FUNDED THROUGH GOVERNMENT EQUITY AND PRIVATE
RULED OUT THE POSSIBILITY OF FINANCE; WE HAVE NOT, AT THIS STAGE, DRAWING ON PRIVATE EQUITY.
"TENANT FACILITIES AT THE AIRPORT
AIRCRAFT (FOR EXAMPLE, AND OTHER PASSENGER SERVICES) REPAIR, AIR CARGO HANDLING, CATERING
NOW, BY THE SHOULD BE LARGELY, IF NOT WHOLLY, FINANCED, AS THEY ARE PRIVATE SECTOR.
CONSULTANCY ΤΟ MR CHAN SAID THE GOVERNMENT HAD JUST AWARDED A
OF THE AIRPORT THE AMERCIAN FIRM GREINER TO PREPARE A MASTER LAYOUT
DESIGN AND ENVIRONMENTAL AND TO CARRY OUT CIVIL ENGINEERING
IMPACT REPORT BEFORE THE END ASSESSMENT. THE CONSULTANTS WERE EXPECTED TO OF 1991.
TENDER FOR CONSTRUCTION,
то EXPECTED BEFORE THEN, HE SAID, THE GOVERNMENT THE MAJOR SITE FORMATION WORKS INCLUDING SEAWALL RECLAMATION AND THE EXCAVATION OF CHEK LAP KOK.
/AS REGARDS
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