Special Announcement

Airport Authority Hong Kong Welcomes Financial Secretary's Budget Proposal

 (HONG KONG, 27 February 2013)  –  Airport Authority Hong Kong (AA) today said it welcomes the Financial Secretary's proposal for the 2013-14 Budget, including its intention to designate HK$100 million for the establishment of a training fund for maritime and aviation transport. The fund is anticipated to help support and expand various schemes and scholarships for the industry, contributing to its sustainable development.

Stanley Hui Hon-chung, Chief Executive Officer of the AA, said, "The designated training fund will help attract young talent to work in aviation, and the AA and business partners will continue to work closely together to formulate other incentives that can help draw talent to the airport community."

Mr Hui added that in addition to conducting studies on the various Environmental Impact Assessment aspects, the AA is currently planning the design details of the proposed three-runway system, which will include the development of the North Commercial District of Chek Lap Kok Airport Island. The AA is considering land use in terms of the airport’s operational as well as commercial needs, with the aim of enhancing the overall value of the airport and its neighbouring areas.



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