The chairman of the West Kowloon Cultural District Authority on Monday said it would consider raising ticket prices and venue rents to boost its income amid a financial shortfall.

In an interview with the Ming Pao newspaper, Henry Tang said he hopes the arts hub could solve its funding crisis by itself without adding more strain to the public coffers.

The authority is awaiting a government decision on a proposed funding plan that involves selling part of the district's 40 hectares of land.

But Tang said the land sale would only start from 2026 if the proposal is approved, adding that the cultural hub would not sell all of its land holdings.

Meanwhile, the Chinese People's Political Consultative Conference Standing Committee member said the central government had responded positively to his proposal for a co-location immigration arrangement at Chek Lap Kok airport, which would allow travellers to have their documents checked by both Hong Kong and mainland immigration officers in one terminus.

Tang said the airport's capacity would increase by more than 50 percent with the completion of the third runway, adding that the high-speed rail's co-location model could be adopted at the airport.