TNAG-2264-FCO40-3261-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-gener-1991 — Page 11

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

NEXT STEPS

The next steps are to gain agreement on this proposal within Government, and further refine the business plan. Areas of likely focus in the future include:

¶ Creation of additional value by continuing to optimize the business plan, e.g.,

Evaluate concession structuring options

Assess real estate potential of unused land and plan development

Select best terminal design option

Determine appropriate financing structure and strategy

Review broader strategic issues (e.g., role of airport in the region) to ensure consistency with current plans

¶ Development of a plan for integration of Kai Tak operations

Evaluate impact on debt financing

Develop management plans to effect a smooth transition

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