Tak man in math si
1
Information Note
Estimates of the economic disbenefits
of not having a new airport
1. Different
estimates of the economic disbenefits of not
having a new
airport were produced because different
consultants used different
assumptions in deriving
2.
them.
The
the PADS Study.
estimates were used in different stages of
The Kai Tak Consultants used their estimate to examine
whether it was
to have the Kai Tak airport
retained.
desirable
According
to
their estimate, the economic
disbenefits to Hong Kong
of not catering for all the
potential air passenger demand after 1996 (i.e. the
year when the Kai Tak airport reaches its full
capacity) would amount to HK$101 billion(1).
3.
The PADS Consultants had subsequently recalculated the
disbenefits
figures for use in their evaluation of
airport strategies, namely the Chek Lap Kok
airport strategy and the West Harbour
airport strategy. Instead of giving a
alternative
replacement
replacement
single
estimate,
they
reckoned that the amount of net
(1) At 1987 prices, for the period from 1997 to 2010.
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