SATURDAY, OCTOBER 6, 1990
2
WE TOOK A OUR FINANCIAL FISCAL RESERVES WHICH WILL PROJECTED
"WE DO NOT EMBARK ON PROJECTS WE CANNOT AFFORD. DECISION TO PROCEED HAVING REGARD TO THE SOUNDNESS OF POSITION BOTH NOW AND IN THE NEXT FEW YEARS (OUR EXCEED HK$70 BILLION QUITE APART FROM THE SAR LAND FUND FORM PART OF THE SAR RESERVES). WE ALSO TOOK INTO ACCOUNT REVENUE FROM AIRPORT OPERATIONS.
"COST IS A CONCERN SHARED BY ALL.
IN IMPLEMENTING THE
PROJECT
CONSISTENT WITH AN WE WOULD STRIVE TO KEEP THE OVERALL COSTS DOWN EFFICIENT AIRPORT MEETING INTERNATIONAL STANDARDS," SHE SAID.
AT THE SAME TIME, WE WOULD ENCOURAGE THE MAXIMUM PRIVATE SECTOR PARTICIPATION BOTH TO KEEP THE GOVERNMENT COSTS TO THE MINIMUM AND TO PRIVATE INTRODUCE THE COMMERCIAL DISCIPLINES AND EFFICIENCIES OF THE SECTOR.
"CHINESE SUPPORT FOR THE AIRPORT PROJECT WOULD OBVIOUSLY IMPROVE INVESTORS' CONFIDENCE. CONVERSELY, A LACK OF SUPPORT WOULD MAKE IT HARDER TO RAISE INTERNATIONAL FINANCE AND, THEREFORE, INCREASE THE COSTS.
"I
AM SURE THAT WE ALL SHARE A COMMON AIM TO GET THIS BUILT AS QUICKLY AND AS COST EFFECTIVELY AS POSSIBLE,"
AIRPORT
SHE SAID.
MRS EARLIER,
CHAN OUTLINED THE THOROUGH AND PROFESSIONAL APPROACH WHICH THE GOVERNMENT TOOK IN REACHING ITS DECISION TO PROCEED WITH THE CHEK LAP KOK AIRPORT DEVELOPMENT STRATEGY.
OVER 40 STRATEGIES HAD BEEN EXAMINED IN THE SEARCH FOR THE BEST AGAINST FIVE MAIN OVERALL SOLUTION AND BACH STRATEGY WAS ASSESSED PRIMARY GOALS: ECONOMIC PERFORMANCE, ENVIRONMENTAL AND SOCIAL IMPACTS, PROGRAMMING, FLEXIBILITY AND ROBUSTNESS, AND FINANCIAL PERFORMANCE.
AGO
MRS CHAN NOTED THAT SINCE THE ANNOUNCEMENT ALMOST A YEAR
KOK AIRPORT OF THE GOVERNMENT'S INTENTION TO IMPLEMENT THE CHEK LAP
EXPRESSED DOUBTS HAVE BEEN
IN STRATEGY, SOME DEVELOPMENT
VARIOUS
QUARTERS ABOUT ALL OR SOME PARTS OF IT.
WE HAVE LISTENED ADDING THAT HAVE
AS A RESPONSIVE AND RESPONSIBLE GOVERNMENT, VERY CAREFULLY TO THOSE EXPRESSIONS OF DOUBT, SHE SAID, THE GOVERNMENT APPRECIATED THE SPIRIT IN WHICH THESE CRITICISMS BEEN MADE.
"IT IS GRATIFYING TO SEE THE CONCERN FOR THE WELL-BEING OF HONG
LOCAL
IN THE PRIVATE EXPERTS KONG MOTIVATING
SECTOR TO SPEND CONSIDERABLE TIME AND EFFORT IN STUDYING THESE VERY IMPORTANT ISSUES.
CRITICISMS
"IT IS IN RECOGNITION OF THE SPIRIT IN WHICH THESE HAVE BEEN MADE THAT WE IN GOVERNMENT HAVE SPENT SOME TIME GIVING FULL AND CAREFUL STUDY," SHE SAID.
THEM
"WE ARE ALL WORKING FOR THE SAME GOAL AND AN OPEN EXCHANGE
MRS CHAN SAID. VIEWS IS HELPFUL IN ENSURING THE BEST ROUTE IS TAKEN,
OF
דלי
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