THE working panel for the post-1997 government is ready to give its views on the financial arrangements for the Chek Lap Kok airport and its associated rail link.
Nellie Fong Kut-man, convenor of an economic sub-group under the working panel for the Special Administrative Region Preparatory Committee, said the group would study the financial arrangements for the new airport and its associated rail link in its first meeting in September.
Mrs Fong said the economy sub-group would definitely offer its view on the financial package, noting that China was concerned about spiralling construction costs for the new airport projects as the Hongkong Government had declined to set a ceiling.
Even if a Sino-British agreement was reached by September, the sub-group would submit its opinions on monitoring the construction costs of the new airport projects, she said.
The working panel would then make itself a solely pro-Beijing body to be consulted on airport financing matters after the Airport Consultative Committee (ACC), which is composed of members agreed by both China and Britain.
Among the 25 members sitting on the sub-group, Vincent Lo Hong-sui is a director of the Provisional Airport Authority and Wong Po-yan is chairman of the ACC.
