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.

Read more: http://www.scmp.com/news/hong-kong/economy/article/2113424/hong-kong-transport-chief-confident-airport-authority-plan