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Table 1 Construction Cost Estimate of Dual-Lane Airport at Chek Lap Kok (January 1974 HK Dollars)*
Item
Estimated Cost
HK $ Millions
Clearing and Grubbing
Site Dredging
0.8
305.2
Excavation
Borrow
Spoil
1,609.9
26.7
92.8
Embankment
Armor Stone
270.1
13.1
Runways
48.3
Taxiways
33.8
Aprons
58.8
Navigational Aids
9.9
Air Traffic Control Tower
23.5
Passenger Terminal Building
285.5
Loading Bridges
16.8
Baggage Handling
50.0
Cargo Terminal and Administration Building
66.0
Roads and Parking Areas
10.6
Sea Navigation Aids
0.5
Subtotal Airport
2,922.3
Ground Access System**
632.0
Subtotal
—
Airport and Ground Access
3,554.3
Engineering and Administration (13%)
462.1
Total
4,016.4
*The cost of resettlement of the populace of Chek Lap Kok is not included. Sufficient data to deter- mine this cost were not available at the time of completion of this study.
**The total estimated cost of the access system is included in the estimate; however, only a portion of this cost is utilized in the financial analysis.
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