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OverviewCapacity EnhancementEconomic Contribution

Capacity Enhancement

Expanding into the 3RS

The 3RS project has made significant progress over the past two years. Details are available at our dedicated 3RS website. Major achievements include:

Project implementation

  • The Project Management Office and the Project Delivery Team were established in 2016 to provide centralised leadership of key management functions and to monitor construction delivery.
  • Detailed designs for major works of the 3RS such as Terminal 2 (T2) Expansion were delivered.
  • Construction work on the 3RS officially kicked off in August 2016 with the commencement of the Deep Cement Mixing (DCM) works.
  • Implementation of all requirements set out in the 3RS Environmental Impact Assessment Report and Environmental Permit (EP) have been completed on schedule to date:
    • The Environmental Protection Department approved all EP submissions required both prior to the commencement of construction works and during the construction phase.
    • The Environmental Monitoring and Audit (EM&A) Programme commenced and is on-going. All Monthly EM&A Reports are available at http://env.threerunwaysystem.com/en/em&a-reports.html.
    • Establishment and operation of a Marine Traffic Control Centre to monitor the activities of construction and associated vessels for compliance with relevant environmental and marine traffic safety requirements.

Financial arrangement of the 3RS

The overall financial arrangements for the 3RS are based on the “joint contribution and user-pays” principle. Funding will be provided through three sources:

Retaining AAHK’s operating surplus Levying an airport construction fee Borrowing from the market

Retaining AAHK’s operating surplus

  • Landing and parking charges increased in September 2016.

Landing and parking charges increased in September 2016.

Levying an airport construction fee

We introduced the Airport Construction Fee on 1 August 2016.

Borrowing from the market

  • A financial consultant was appointed in December 2016 to study the detailed funding plan for the 3RS project. The objective of the study was to analyse different debt structures, identify suitable forms of financial instruments, and make recommendations on the financial instruments in relation to their timing, size and tenor that will enable AAHK to raise funding for the 3RS project in the most optimal manner. The detailed funding plan was completed in September 2017 and the recommended funding sources include institutional bonds (covering green bonds), retail bonds, and commercial bank loans. The full report of the detailed funding plan is available at https://www.threerunwaysystem.com/media/1754/3rs-detailed-funding-plan-report.pdf.

A financial consultant was appointed in December 2016 to study the detailed funding plan for the 3RS project. The objective of the study was to analyse different debt structures, identify suitable forms of financial instruments, and make recommendations on the financial instruments in relation to their timing, size and tenor that will enable AAHK to raise funding for the 3RS project in the most optimal manner. The detailed funding plan was completed in September 2017 and the recommended funding sources include institutional bonds (covering green bonds), retail bonds, and commercial bank loans. The full report of the detailed funding plan is available at https://www.threerunwaysystem.com/media/1754/3rs-detailed-funding-plan-report.pdf.

Stakeholder engagement

  • We formed five Community Liaison Groups (CLGs) and a Professional Liaison Group (PLG) as part of the EP requirements.
  • More than 280 events, including briefings, seminars, exhibitions and airport tours were conducted in 2016/17 to engage the wider community.
Community Liaison
Groups (CLGs)
Professional Liaison
Group (PLG)
Community Liaison Groups (CLGs)
5 CLGs  
Islands, Kwai Tsing, Shatin, Tsuen Wan and Tuen Mun districts
More
than 130 members 
include district councillors and community leaders.
4 rounds 
of meetings held between April 2016 and July 2017
Professional Liaison Group (PLG)
22 experts  
in different environmental fields
3 meetings 
were conducted between April 2016 and May 2017
Case StudyDeep Cement Mixing (DCM)

Deep Cement Mixing (DCM)

The first phase of the 3RS construction is to form approximately 650 hectares of land north of the existing airport island by reclamation. About 40% of the reclaimed area is underlain by disused contaminated mud pits (CMPs) which contain pollutants including heavy metals and organic compounds. DCM was adopted for the first time in Hong Kong to strengthen the soft mud in these CMPs in-place prior to forming land above them. Details of DCM and the land formation process can be found below.

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