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CC 3004 Group 3 Presentation Date:11/4/2003. Fok Tsz Hin (02800453A) Lau Wai Yin ( 02009733 A). Topic. Advantages and disadvantages to Hong Kong, Macau and PRD region on having the cross-boarder bridge. Content. Brief introduction on the bridge Common Advantages
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CC 3004 Group 3 PresentationDate:11/4/2003 Fok Tsz Hin (02800453A) Lau Wai Yin (02009733A)
Topic • Advantages and disadvantages to Hong Kong, Macau and PRD region on having the cross-boarder bridge.
Content • Brief introduction on the bridge • Common Advantages • Advantages for PRD and Macau • Advantages for HK • Common Disadvantages • Disadvantages for PRD and Macau • Disadvantages for HK
Brief Introduction • Total length: 29Km • Estimate flow of vehicle : 15000 car/ day • Hong Kong destination: Shan Shek Wan, Lantau • Macau destination: Wang Kam Island
Common Advantages • Provide job opportunities • Shorten time travel between Hong Kong and Macau/ West PRD • Enhance competitiveness of the PRD region to the world
Adv. To Macau & PRD • Speed up the development of light industries in west PRD (geographical potential) • Lower down the cost for transporting the goods to HK from West PRD • Bring more tourists to Macau (Large entertainment centers and casinos) (visit Macau after trip in HK / Zhuhai people go to HK through Macau)
Advantages to HK • Provide more chances to HK merchants investing in west PRD • Attract tourist from Macau and west PRD (Disneyland) • Bring HK to become a world-class logistic center Logistic center near HK Airport • Step stone for FI to invest in west PRD through HK establish headquarters in HK • Relief traffic congestions in the present boarder checkpoint during peak period
Common Disadvantages • Environmental pollution to Pearl River • Government do not enthusiastic on the project shipment can solve the goods transportation (e.g. HK official research not necessary before 2020) • How many people will actually use the bridge? Fees should be defined at what levels?
Dis. To Macau & PRD • East PRD would lost its competitiveness due to high running cost factory move • HK become Logistic center Airports and container terminals present in Macau and PRD are useless?? • Gamblers in Macau would not spent their money in Macau? • Zhuhai highly concern about City planning lots of factory move to west PRD is not good for them (experiences from east PRD)
Disadvantages To HK • Environmental pollution to North Lantau • Negative feedbacks from various corporations and tycoons (e.g. Whampoa, Y.T. Fok) obstacles for government making decision • Long term investment Who will bare the risk? How to have a balance income?
Conclusion • Bridge benefits both west PRD, Macau and HK in terms of human flow (tourism) • Major obstacle is the political problem Central government decision