HKA 182/7
used with of $ (Paul/Ha) 3 april
Pa 32
jby fax
ce Romuli Hai))
Arwhitney
J Law
itke
Funding Arrangements for the New Airport Rozan Peking - bybay
Speaking Note
epr
14
I am pleased to be able to hand over to the
Chinese side a paper
arrangements
for the
with our
Programme
setting out the proposed
funding
new airport project. Taken together
papers on the Airport Railway and the Airport Core
costs as a whole, this paper completes our
presentation of the major elements of our arrangements for
funding the core programme.
comprehensive
It also
The paper sets out the conclusions drawn from our
study of the financing of the airport project.
sets out the terms of a draft agreement between the
the Provisional Airport Authority concerning
the levels of funding and other support for the project
which it is proposed should be provided by the Government.
Government and
A key objective of these funding arrangements is
to provide a cost-effective approach which will enable the
Airport Authority to maximise funding from borrowings and
private sector investment, while minimizing the level of
Government support required.
Great care has also been taken
to structure arrangements so as to minimise any contingent
liability on the Government
Region.
of the Special Administrative
No comments yet.
Private notes are available after approval.