29-JAN-1993 18:06
ODA LONDON
HONG KONG BACKGROUND BRIEF: DECEMBER 1992
NEW AIRPORT AND RELATED INFRASTRUCTURE PROJECTS
071 917 0099
P.03
1. In October 1989 the then Governor announced plans for the long-term development of Hong Kong's port and airport, including the construction of a new international airport at Chek Lap Kok
to the north of Lantau Island as a replacement for Kai Tak airport. The new airport is scheduled to open in 1997 with one
Тий runway in operation. When fully developed, it will have two 189m;
runways, will be able to operate 24 hours a day and will be able in
and he 320,000 aircraft movements and
8·0m, tons movements to handle 804million passengers a year. Supporting
"of freight? 320,000;
infrastructure will include major bridges, a tunnel linking
at full daydopment-
Püssengers!
air cra
Ar
tous freight -8.0m North Lantau to Hong Kong Island via Tsing Yi and West Kowloon,
and road and rail transport links. Building the new airport and
the associated road and rail links will be the largest
infrastructure project ever undertaken in Hong Kong. Many
international companies are involved in the funding, design and
implementation of the project.
2. The Hong Kong Government estimate that the cost of airport
core projects including all the infrastructure projects amounts to HK$ 112.2 billion (£7.6 bn) at March 1991 prices. The
Hong Kong Government estimate that some 60% of the cost will be
met by the private sector by taking on commercially attractive projects and financing. Revenue from the redevelopment of the existing Kai Tak airport and developments on the large areas on new reclaimed land will provide substantial additional funds in due course, and the new airport and toll roads will provide
further revenue.
3. During 1989 and 1990 it became clear that the private sector wanted to see firm support from China for the project before they would commit substantial funds whose pay-back period would
new.airport.BACKBRIEF.JRB
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