HKIA

The Airport Authority of Hong Kong (AAHK) has supported the construction of a third runway at Hong Kong International Airport (HKIA) after a three-month public consultation on the development plan.

The authority said the project will cost HKD136.2bn ($17.5bn) and is necessary to meet traffic growth because the two existing runways are expected to reach their limit by 2020.

AAHK had commissioned a survey through Hong Kong University (HKU)’s Social Sciences Research Centre to gauge public opinion about the HKIA Master Plan 2030.

According to the survey, 73% of the 24,000 respondents favoured the third runway option, with 11% opting to develop the two existing runways; 16% remained neutral.

The HKU report also indicated that the majority of respondents strongly agree that AAHK should make a decision urgently on HKIA’s future expansion plans, while 6% opposed the plan.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

AAHK chairman Marvin Kin-tung said the company was pleased to have received so many valuable views from the public and a wide range of stakeholders about the two development options presented for HKIA.

"There is a clear consensus on the need to make a decision regarding HKIA’s expansion as soon as possible, and it is also clear that the majority of those who participated in the consultation prefer the third runway option," Marvin said. "The board carefully considered all the feedback, and based on these deliberations, it has submitted its recommendation to the Government to adopt the three-runway option as the future development blueprint for HKIA for planning purposes."

Based on the economic forecast and market environment, International Air Transport Association Consulting estimates that by 2030 passenger traffic at the airport will reach 97 million, at a compound annual growth rate of 3.2% from 50.9 million in 2010.

HKIA will build an I-shaped passenger concourse and an additional 20 aircraft stands, 11 of which will be served by an airbridge.

It will also extend the current automated people mover system from terminal 1 to the new passenger concourse, and will enhance the baggage handling system.

 

Caption: Hong Kong International Airport will build an I-shaped passenger concourse and an additional 20 aircraft stands. Image: Sam Li