Hong Kong ‘needs third runway to compete’

By Doug Newhouse |

A three-month public consultation process begins this week on the pros and cons of building a new $17bn third runway at Hong Kong International Airport, which many believe is vital if Hong Kong is to maintain its competitive edge against rival airports in the region.

Last year, Hong Kong ranked third worldwide in international passenger numbers (plus-50m) after London and Paris and Hong Kong also passed Memphis Airport in the US as the world’s busiest cargo hub. This was largely thanks to strong import and export growth in China and in particular in the Pearl River Delta region. 

But any third runway would still take a decade to build, since the land would have to be reclaimed from the sea, as much of the land on which the present airport is sited has been. 

SATURATION CONCERNS
Included in the three-month review is an alternative option, which proposes maintaining the existing two-runway system, but enhancing facilities around this. However, this is seen as a temporary fix since it would only hold good until around 2020 if current traffic forecasts prove to be accurate.

For example, the International Air Transport Association (IATA) forecasts that Hong Kong Airport’s passenger demand will grow by an average of 3.2% a year to reach 97m in 2030, while cargo volumes will rise by 4.2% a year to 8.9m tonnes.

The concern from the Airport Authority at Hong Kong is that if the two-runway system is maintained then the airport could be saturated by 2010.

 

International

TR Sustainability Week Keynote 2: Long-term partnerships needed

The second TR Sustainability Week live day started with a keynote discussion on social,...

Travel Retail Sustainability Week

The Sustainability Pitch Session 4: Sustainaholics

Sustainaholics and the portfolio of brands it represents is thrust into the spotlight in the...

Travel Retail Sustainability Week

The Sustainability Pitch Session 3: Beam Suntory

Our third Sustainability Pitch comes from Beam Suntory, which is committed to operating as a...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend