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Hong Kong - the land of White Elephants - Cruise Terminal

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  1. #21

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    Quote Originally Posted by Ern:
    Speaking as a taxpayer rather than a hater or liker, when am I likely to see a positive return on my HK$8.2 billion?
    HK becoming Asia's World Hub Mega Cruise Ship Docking City (TM)?

    Sent from my Nexus 5 using GeoClicks mobile app

  2. #22

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    Quote Originally Posted by Ern:
    Speaking as a taxpayer rather than a hater or liker, when am I likely to see a positive return on my HK$8.2 billion?
    Speak to an accountant specialising in large capital projects and not pontificate on here would be a start.
    Watercooler likes this.

  3. #23

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    Pontificate - on geoexpat? Never!


  4. #24

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    Original Post Deleted
    Common sense is not common...

    As for you, I don't think you have any sense whatsoever. Easy for you to be an armchair critic, let's see you do some real policy decisions and where to spend taxpayer's money. I bet HK will crumble quite soon if you were at the helm...
    Last edited by Watercooler; 02-02-2014 at 08:27 PM.

  5. #25

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    Quote Originally Posted by Watercooler:
    Common sense is not common...

    As for you, I don't think you have any sense whatsoever. Easy for you to be armchair critic, let's see you do some real policy decisions and where to spend taxpayer's money. I bet HK will crumble quite soon if you were at the helm...
    TB is a banker so he's used to spending other peoples cash

  6. #26

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    Quote Originally Posted by Boris:
    Speak to an accountant specialising in large capital projects and not pontificate on here would be a start.
    I completely agree, but this is geoexpat remember? Where posters assume they know better than anyone else (including the government). Put the money where their mouth is however, and I bet all of them will fail miserably...

    People who think HKIA is a white elephant when it has over 50 million passengers a year clearly don't know what they are talking about. The same applies to people who dismiss this cruise terminal without even letting a chance for it succeed. There is no point to debating with these folks.
    Last edited by Watercooler; 02-02-2014 at 08:24 PM.

  7. #27

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    Quote Originally Posted by jimbo:
    TB is a banker so he's used to spending other peoples cash
    Correction...screwing around with other people's cash.

    On a serious note, being a banker and being a government policy maker are two different things. Judging by how some of these bankers acted before and after the financial crash of '08, letting bankers make decisions on behalf of the taxpayer (in terms of infrastructure and social spending) would be the last thing I want.
    Last edited by Watercooler; 02-02-2014 at 08:21 PM.

  8. #28

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    Original Post Deleted
    TB

    Apologies for the insult

  9. #29

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    Original Post Deleted
    Then you would undoubtedly lose that wager for we are not to be judged always on what we might be today but by the sum of our experiences ... AND I ... have a very long experience with the maritime industry, both military and civil. A good ex service friend is still in the Cruise line business and we talk a lot ( even have a facebook group!! ) AND I .... have actually been on a cruise liner. I was even offered a job with Royal Caribbean.

    So yes .. to you I may be ignorant .. BUT ... it is me with your money in my pocket and that just seems like common sense to me.

  10. #30

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    Quote Originally Posted by Boris:
    I think the haters and their "likers" should stick to selling T Shirts, they clearly don't know anything on the subject of the cruise or maritime industry.
    It is not the technical capability of an infrastructure project to fulfill the proposed use it is whether it is a viable project or a vanity project.

    The bookings up to the end of 2016 suggest 103 days of activity. Also the transport links to the terminal are not due to be complete until 2023. It does look like a deep water white elephant.

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