Hong Kong Transport Chief Confident in Airport Authority Plan to Raise HK$69 Billion in for Third Runway
Sept. 29, 2017
Hong Kong’s transport minister has expressed confidence in the Airport Authority’s plan to raise HK$69 billion in loans by itself for the construction of a controversial third runway.
Frank Chan Fan also dismissed the need for the government to act as a guarantor, as he addressed concerns over the ability of the Hong Kong International Airport operator to repay the debt.