End
- 75 ·
-
92-93
93-94
94-95
95-96
Total
No. of RGC funded projects
approved in that year
172
193
371
454
1190
No. of these projects which
have subsequently been
110
given an extension
93.
31
0
237
Percentage of
projects
granted extension
64%
50%
8%
0%
20%
Financial impact of second runway under study
Following is a question by the Hon Samuel Wong and a written reply by the Secretary for Economic Services, Mr Gordon Siu, in the Legislative Council today (Wednesday):
Question:
As the construction of the second runway and the expansion of the passenger terminal at the new airport will cost $5 billion, will the Government inform this Council what impact this investment will have on the overall financial position of the Airport Authority?
Reply:
Mr President,
The Airport Authority has estimated that the cost for the construction of the second runway and associated facilities will be between $4 to $5 billion. The actual cost will depend on the detailed design, scope of work involved and the timing of construction.