Approval for a third runway at Hong Kong International Airport (HKIA) was critical, according to Cathay Pacific, stressing that meeting capacity growth would help the country prosper.
Receiving the green light from the countrys Government for the Airport Authority (AA) proposed project this week, Cathay Pacific chief executive said the move would assist the countrys connectivity with the rest of the world... and grow these links in the future.
A third runway is the only viable option to ensure the long-term competitiveness of Hong Kong as an important international financial centre, trading and logistics hub, tourism destination and professional services capital, Mr Slosar.
Meanwhile, Secretary for Transport and Housing Eva Cheng explained the go-ahead meant that AA could commence the next phase of planning for the three-runway system that would help ease travel congestion to one of the worlds fastest growing travel market.
In a Master Plan 2030 submitted to the countrys leaders, HKIA explained the dire need for a third runway particularly after it had reached forecasted 2013 capacity growth last year, two years earlier than expected.
Ms Cheng explained the Government recognised the airport as more than just a base for transportation and said if the property ran out of capacity it would be forced to cut routes, destinations and flights which would hurt the countrys position as a international and regional aviation hub.
The better Hong Kong is connected to the world, the greater various trades and sectors stand to benefit, she said.
Various sectors such as financial services, insurance, professional services, trading and logistics, high-value-added manufacturing, tourism, retail and exhibitions stand to gain from the economic activities generated by our airport.
With general public approval, the Minister added that the Government would work closely with AA to ensure third runway plans were pushed as soon as possible as well as ensure its development has little to no environmental impact.
Proceeding with the Environmental Impact Assessment, Ms Cheng said the report would determine and settle public concerns of marine ecology, noise and air quality.
It is of vital importance that all possible measures to avoid or mitigate such impacts must be explored to address public demand, " she said.
Source = e-Travel Blackboard: N.J