Exclusive | ‘Sense of crisis’ fuels Hong Kong airport’s bid to be competitive ‘landmark’
Airport City will become destination drawing tourists and investors to Hong Kong, acting CEO of Airport Authority says
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Hong Kong’s Airport Authority pursues ambitious Airport City project to boost city's competitiveness
Hong Kong’s Airport Authority is moving ahead with the next phase of a HK$100 billion (US$12.8 billion) infrastructure expansion to turn the city’s airport into a “landmark” destination as it fuels itself with a “sense of crisis” to beat the competition, its acting CEO has said.
“We need to have a sense of crisis. We all should, as operators, especially with this ever-changing political and economic environment and the mainland growing so fast, not just in the airport [sector], but in every aspect,” Cheung said, citing “peer airports” in the bay area such as Zhuhai, Shenzhen and Guangzhou.
“I won’t say that it worries me. But I have to be alert. I have to not just be alert but take action to make sure that we are not going to fall behind. So we study and monitor our peer airports.
“But right now I have to proudly say that, in fact, our peer airports so far are still using us as a benchmark for what they want to be.”
