open pre ры
pre Immediake
- Mr Bune
Mr Brandtent
Ми сох
CONFIDENTIAL
New Airport
Financial Arrangements between the Hong Kong Government
and the Provisional Airport Authority
-Mr Stone
Mytell
Introduction
1.
conclusions
The purpose of this paper is to describe the
Of a study commissioned by the Hong Kong
Government into the financing of the airport project and the
outline of a draft agreement made between the Government and
the Provisional Airport Authority (PAA) which sets out the
proposed terms for Government funding and other support for
the project.
situation at Kai Tak
2.
Tak
Hong Kong's existing international airport at Kai
is wholly owned by the Hong Kong Government and operated
by the Civil Aviation Department. However, certain key
support services such as air cargo handling, aircraft
maintenance and aircraft catering are provided by private
sector companies under a variety of franchise and leasing
arrangements. Revenues from these undertakings and from the
duty free and other
within the passenger
Commercial concessions which operate
terminal flow into General Revenue as
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Private notes are available after approval.