May 16, 2020

Hong Kong International Airport to construct third runway system

Hong Kong International Airport
Three-Runway System (3RS) Hong Kong
Jack So Chak-kwong
Chairman of the Airport Authority of Hong Kong
Catherine Sturman
2 min
Hong Kong International Airport
Hong Kong International Airport is set to undergo works for a new Three-Runway System (3RS) to strengthen existing infrastructures and develop existing...

Hong Kong International Airport is set to undergo works for a new Three-Runway System (3RS) to strengthen existing infrastructures and develop existing transport networks in order to provide effective services to an estimated additional 102 million passengers per year by 2030.

Jack So Chak-kwong, Chairman of the Airport Authority of Hong Kong said: “The 3RS is a critical infrastructure project to support the aviation industry and the long-term economic development of Hong Kong.” 

"We urgently need this expansion project as HKIA’s existing two-runway system is reaching its full capacity soon. 

"With the additional capacity to be provided by the 3RS, airlines can provide more destinations and more frequent flights, and passengers will have more choices and convenience. 

"Some 139,000 man-years of construction jobs are expected to be created during the construction phase, with some 123,000 direct employments created upon the commencement of the 3RS operation.”

The project will undergo three phases, incorporating a Third Runway Passenger Building with parking, taxiway system and runway. The runway will link with Terminal 2, with plans to finalise the project by 2024.

So continued, “We are proud of the fact that our award-winning airport is the world’s third busiest international passenger airport and also the airport with the largest cargo throughput. But we cannot be complacent." 

"Apart from strengthening management, we have set up a special task force to research into and develop new hardware and software with a view to further enhancing our efficiency and enriching passenger experience."

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Aug 2, 2021

Henry Boot, Factory form joint venture with £1bn scheme

HenryBoot
factory
Jointventure
development
2 min
Henry Boot is launching a joint venture with international tech campus developer Factory with the aim of enhancing the development of technology in the UK

The property development business of Henry Boot (HBD) has announced it has formed a joint venture with international tech campus developer Factory as part of a £1bn scheme known as the Golden Valley Development. 

Called HBD X Factory, the joint venture has been chosen to deliver the first phase of the scheme based in Cheltenham, which aims to focus on the development of technology in the UK. Centered around cyber and digital innovation, the development will include 3,700 new homes and 2mn sq ft of commercial space. Phase 1 aims to accommodate 111 acres of the scheme and will be located close to Factory’s first UK tech building near GCHQ. 

Confirming the UK as a leader in cybersecurity 

Minister for Digital Infrastructure, Matt Warman, said the £1bn development would help confirm the UK’s position as a leader in cybersecurity: “We are investing to help cyber-security businesses across the country tackle barriers to growth and boost people’s digital skills so we can usher in a golden age in UK tech.”

Commenting on the partnership, HBD Managing Director Ed Hutchinson said: “The HBD X Factory partnership reflects our focus on delivering large-scale, transformative regeneration projects – the Golden Valley Development is a hugely important project for Cheltenham, the South West region and the wider UK tech sector and we look forward to working alongside Factory to bring the scheme forward.”

It is expected that Client Cheltenham Borough Council will submit a planning application for the site in 2022 with Tewksbury Borough Council as a partner. Discussing future plans for the partnership, Henry Boot said the new JV would “focus on developing large-scale mixed-use districts and urban regeneration projects.”

Image: Henry Boot

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