TNAG-2146-FCO40-3065-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-1990 — Page 164

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(d)

greater certainty in terms of costs, programming and feasibility of major works;

(e) greater scope for incremental port development at West

Harbour;

(f)

improved port access through a new channel west of

Lamma Island not being pre-empted;

viable

(g) opportunity for the progressive development of a

better-integrated and

transport

infrastructure network particularly at West Kowloon;

more

(h)

greater potential for urban development at North

Lantau; and

(i)

relatively smaller workload and a shorter duration of

peak workload on the building and construction

industry.

(b)

Port and Airport Development Strategy

4.

The Administration's financial approach for the chosen Port and Airport Development Strategy is governed by two main

considerations

(a) to keep the overall costs down as far as possible as

consistent with an efficient airport and port;

is

and

(b)

to keep public sector costs to the minimum, by encouraging private sector participation where this

makes financial sense. This not only brings in

private sector funds but also the commercial disciplines and efficiencies of the private sector.