VOICED: Hong Kong's old airport set for multi-billion dollar takeoff

The video discusses the old Kai Tak Airport in Hong Kong, once a valuable piece of land worth up to $40 billion. Known for its challenging landings, the airport closed in 1998. Since then, development has stalled due to disagreements. However, the government now plans to transform the site into a cruise hub with sports stadiums and luxury housing, leveraging its unique location. The redevelopment is expected to be completed by 2025, offering quieter living spaces with panoramic views of Victoria Harbor.

What was the estimated value of the old Kai Tak Airport site?

• $60 billion

• $40 billion

• $10 billion

• $25 billion

What was a notable feature of the landing approach at Kai Tak Airport?

• It passed over a forest

• It was over the ocean

• It involved a sharp turn over Kowloon

• It was a straight descent

What is one of the planned developments for the Kai Tak site?

• A cruise terminal

• A new airport

• A shopping mall

• A theme park

What is the goal of developing a cruise terminal at Kai Tak?

• To create more jobs

• To build a new airport

• To make Hong Kong a cruise hub in the Asia Pacific

• To increase air traffic

What makes the old runway location attractive for luxury housing?

• Its panoramic view of Victoria Harbor

• Its historical significance

• Its large size

• Its proximity to the city center