Hong Kong $2.2bn a year expected from new HK cruise terminal
The Hong Kong government is predicted annual revenues of between HK$1.4bn and HK$2.2bn from a new cruise terminal to be built at the old Kai Tak airport site. The terminal is due to be completed in 2012 and would, the government said, reach its expected revenue levels by 2020 as cruise lines moving into the Chinese market wanted to use Hong Kong as a base port. Tourist visits to the SAR are up 10% this year on last, with over half coming from mainland China.