TNAG-2143-FCO40-3062-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-1990 — Page 86

1990-18-03

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INCUNTHEON SERVIVCO

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ESB GS

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Estimates of the economic disbenefits

of not having a new airport

1. Different

estimates of the economic disbenefits of not

having સ new airport were produced because different

used different assumptions in deriving

consultants

them.

The

estimates were used in different stages of

the PADS Study.

2. The Και

Tak Consultants used their estimate to examine

whether it wag desirable to have the Kai Tak airport

retained.

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).

3.

The PADS Consultants had subsequently recalculated the

digbenefits

figures for 1130 in their evaluation of

alternative airport strategies, namely the Chek Lap Kok

West Harbour

replacement

replacement

single

estimate,

airport strategy and the

airport strategy.

Instead of giving a

they

reckoned that the amount of net

(1) At 1987 prices, for the period from 1997 to 2010.