XM (92) 42
SEORET
437
the longer we delayed, the worse the congestion would
become.
4.
The
Central-Tsing
three
years
West Kowloon
part of the
Secretary for Transport said the
Yi railway link would be needed in about
time, soon after the completion of the
reclamation. He added, however that the
Airport Railway project that contributed
most in terms of financial justification was the
sector from Tsing Yi to Chek Lap Kok. The Financial
Secretary said this made the shorter railway project
more difficult to justify as a separate entity than as
part of the overall airport railway project.
is not also
allen our
se
vigrind
for abandoning mar and marny naval basin to the cutters?
5.
One
The Governor said he would be happier if we
sounded out the Chinese side only on the six hectares
required to build the Airport Railway Terminus in case
there is a need to give this area some priority.
Member queried whether this would weaken our case with
the Chinese as the revenue from land premia for the
terminal area would be significantly less than that
The amount of money going
the SARG Land Fund would therefore be understated.
Financial Secretary said this was the case but the
sum would still be substantial and attractive.
from the whole reclamation.
to
The
suggested we now
on this basis.
He
approach the Chinese for a reaction
No comments yet.
Private notes are available after approval.