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No increase in airport construction fees for third runway, Hong Kong transport minister vows
Charges for travellers will continue till project is completed in 2024, Anthony Cheung Bing-leung tells lawmakers
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Transport minister Anthony Cheung Bing-leung has vowed that there will be no further increases in the airport construction fees – in effect since August – for financing the HK$141 billion third runway project.
The fees, ranging from HK$70 to HK$180 for travellers, will be charged until 2024, when the project is scheduled to be completed, providing HK$26 billion of the funds needed.
“During the period, no further adjustments will be imposed,” Cheung told lawmakers during a Legislative Council meeting on Wednesday.
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The transport chief made the pledge as legislator Abraham Shek Lai-him, from the real estate sector, asked if the Airport Authority could increase the fees as well as the landing charges imposed on airlines as it pleased in the future to fund the project.
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“This will greatly affect Hong Kong’s economic development,” Shek said.
The landing fees – calculated using a formula based on aircraft weight – will be raised by up to 27 per cent spread over three years from September 1.
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