THE cost of building the eight berths at container terminals (CT) 10 and 11 on north Lantau is estimated at about $28 billion at current prices, according to industry sources. The four berths at CT8, terminal eight, which were completed last year, cost about $6 billion. The Government yesterday approved a plan to reclaim 460 hectares of land for building the two terminals, and plans to proceed with the project as soon as possible. The Government will also spend between $2 and $3 billion on advance works building platforms and meeting environmental requirements. The cost per berth to developers would be about $3.5 billion. The reclamation cost of CT10 is estimated at $9.3 billion and CT11, $8.7 billion. To ensure that commissioning of CT10 and CT11 kept up with container port growth, the Government had to proceed with the reclamation as soon as possible, industry officials said. Environmental Impact Assessment (EIA) studies said that with the right measures, the environmental impact could be minimised. The Government said measures included minimising dust, noise, water quality and glare impacts during construction and operation of the port. An environmental programme will also be implemented in accordance with the EIA recommendations. Fishermen affected by the reclamation project can seek compensation through the existing established avenues. Tenders will be called this month for the advance works programme. That will involve the reclamation of back-up areas, with construction to begin in July. Port Development Board (PDB) secretary Tony Clark said that it was vital for the continuing prosperity of Hong Kong that CT10 and CT11 were brought on stream as soon as possible. Hong Kong handled over 11 million TEUs (20-foot equivalent units) last year, and Kwai Chung container terminals recorded an increase of 20 per cent in the first three months of this year. The target date for the first berth of CT10 is the first quarter of 1998. Subsequent berths would come on stream every four months.