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Source: Hong Kong Information Services

Secretary for Development Michael Wong today said the Government will carefully examine different financing options for the Lantau Tomorrow Vision project.

Mr Wong made the remarks when speaking to reporters after attending a radio programme this morning.

“We have said publicly very clearly that in the course of the coming study, we will look very carefully at the financial aspects, including different financing models.

“So, I think the Government would take a decision when all the data has come in. We will look at them scientifically, rationally, and also, we will discuss with the community before finalising on any specific proposals.

“I also said yesterday that we do not exclude the possibility that it might be more than one approach. So it would be a combination of approaches. It could be possible.”

Mr Wong did not rule out the possibility of adopting a build-operate-transfer (BOT) model.

“BOT, rail-plus-property and tendering of the development rights are options that have been raised by different quarters of the community. In the course of the coming study, all of those options will be considered very carefully.”

MIL OSI Asia Pacific News