HK airport authority raises $4b to fund third runway development

HK airport authority raises $4b to fund third runway development

Photo by Chapman Chow on Unsplash

Hong Kong‘s airport authority has raised $4 billion to fund its third runway development in a four-tranche U.S. dollar debt deal, according to an official statement, as the city grapples with flight bans and cancellations amid COVID-19 curbs.