Airport Authority Hong Kong unveils ambitious Sky City plans

Print Article E-Mail Article

The Hong Kong Airport Authority has unveiled its long-awaited master plan aimed at securing the city's status as premier tourism destination and transport hub until 2020. Chief executive David Pang disclosed a three-part strategy centring on an expanded passenger terminal, the newly named Sky City development, an off-airport logistics park at Tung Chung (also on Lantau island) and a freight consolidation facility in Nansha in the Pearl River Delta, aimed at putting Hong Kong businesses in closer touch with their south China counterparts.

The Government has earmarked HK$2bn ($256m) for Sky City, to include a retail development as well as an exhibition centre, a nine-hectare office and a passenger ferry terminal with high-speed links to China. Another HK$2bn ($256m) project finance will be raised in the private sector.