Cathay welcomes HK tourism initiatives
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Cathay Pacific has respondent positively to the second Budget Speech by Hong Kong’s Financial Secretary, John Tsang.
In the speech Tsang outlined the need to implement various major cross-boundary infrastructure projects in the Pearl River Delta region, including the HK-Zhuhai-Macao Bridge, the Guangzhou-Shenzhen-HK Express Rail Link, and the HK-Shenzhen Airport Rail Link.
Cathay Pacific Chief Executive Tony Tyler said; “As the economies of Hong Kong and the Pearl River Delta become increasingly interdependent, we welcome cross-boundary infrastructure that will reinforce and promote their mutual growth.
“In the case of the Hong Kong-Shenzhen Airport Rail Link, I am sure the Financial Secretary is very conscious of its economic and financial viability as well as its practical benefits. While we see that the link would be beneficial for Hong Kong and Shenzhen, it would not remove the urgent need for a third runway at the Hong Kong International Airport. The Hong Kong hub is central to so much of our economy that we need to maintain the momentum in its capacity growth if we are to keep our competitive advantage against other hubs in the region.”
Cathay Pacific also voiced its support for the government’s efforts to promote medium- and long-term development, strengthen HK’s economic foundations and tap new opportunities during this difficult time through the 10 key infrastructure projects which are already under way.
Cathay Pacific added that the Government’s initiatives will preserve jobs and promote training opportunities.
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