XN000022-1996-04-03 — Page 91

Daily Information Bulletin 新聞公報 All

End

- 75 ·

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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.

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