37-
70.
The present estimate of the cost of the new airport
is approximately $38 billion at today's prices, excluding
its
related
infrastructure.
how best
to
By
June
transport links and other supporting
À
Consultants have been appointed to advise
handle the financing of this major investment.
next year, they will have made detailed
recommendations on an effective financial strategy.
crucial part of their brief is to develop plans for
co-operating with the private sector, to make sure that the
airport is not only commercially viable, but also makes the
maximum possible contribution to our economic development.
71.
то sum up,
last October I announced that we would
build a new airport at Chek Lap Kok. This decision followed
detailed investigations
laying of the vital
experts at work on
engineering and other
over many years. 1990 has seen the
foundations for the project, with
the financial packages, as well as the
feasibility studies. We have made a
good beginning, and some contracts associated with the
project have already been let. The first work on the ground
will begin in January next year. Soon afterwards, we will
tenders for the Lantau Fixed Crossing, the
centrepiece in the new road and rail system which will link
be calling for
the airport
to Kowloon and Hong Kong Island.
/accelerate
Progress will
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