Daily Archives: March 22, 2015


BLOG – Third Runway Maths: The Most Expensive in the World? 1

 Guest Post by Peter Woo of FrontlineTechWorkers

Hong Kong’s third runway is now reported to be a HK$140B (billion) project. How absurd is this? Let’s compare:

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Beijing Capital International Airport – Market Capital HK$32.5B

Unlike Hong Kong International Airport, Beijing Capital International Airport is publicly listed, actually on Hong Kong Stock Exchange (0694.hk). With HK$140B, we can buy out Beijing’s airport 4 times.

London Heathrow Airport – Valued at HK$60B

There was a 8.65% stake sale of the Heathrow Airport Holdings for GBP392M (million)

in 2013. That would imply a full stake valuation of the airport to be around GBP4.5B (392M / .0865). Even by taking the peak of GDP/HK$ rate in 2013 at around HK$13 (currently HK$11.37), it would only be HK$60B, i.e. we can buy out the Heathrow Airport twice.

Berlin Airport New Runway – HK$32B


VIDEO – #OccupyHK: a 360° Virtual Reality Documentary

‘Hong Kong Unrest’ is a news documentary filmed in 360 degree video that tells the story of the 2014 pro-democracy protests in Hong Kong. The film breaks fresh journalistic ground by providing a news narrative, on a topic of world importance, using live-motion 360-degree video.

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  • Use the controls at the top right of the embedded video control the camera.
  • Increase the video quality (settings cog at the bottom right) for a better experience.

Hong Kong Unrest was created by Immersivly. The film was shot using six GoPro cameras attached to a pole.