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Hong Kong's third runway proposali

A proposal to build a third runway at Hong Kong International Airport to accommodate more travellers and cargo has sparked controversy as critics have expressed concern over its possible environmental impact.

 

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  • New three-runway system will be completed this year, Chief Secretary Eric Chan insists
  • Transport officials say suggestions project faced delays are ‘groundless’

Investors can play their part as Hong Kong airport seeks to open its third such facility, but there is no time to lose for struggling aviation hub.

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Independent Commission Against Corruption lays charges against Airport Authority principal manager Ricky Lee, 47, and Carol Engineering boss Ng Kai-on, 65.

Airport bosses give most substantive update of project since construction started in 2016, including assurance that plan is on schedule and within budget.

Five years into his job as chief executive officer of Airport Authority Hong Kong, Fred Lam is facing his gravest challenge to keep one of the world’s busiest airports humming.

Chief executive announces mainland Chinese help for project, which was delayed for four months by the suspension of sand supplies and bad weather. But legislator notes lack of details given about the plan.

Finance secretary says authorities are pushing for value-added air cargo and logistics businesses. He allays fears about competition from neighbouring city, saying Hong Kong should figure itself out what works best for it.