subject

Modernization of the KO?

(continued)

CONFIDENTIAL #B

:

Purpose

Progress Made & Present Position

Next Quarter Targets

Investment Programme

The position on the main items in this programme is :

(a) Race Course Station and the loop

linc have been opened.

(b) Work on double-tracking,

including Beacon Hill Tunnel and associated signalling, is proceeding.

(c) Work on the remodelling of

Sha Tin and Mongkok Stations is in hand.

Part I

Assist in maintaining progress.

GF 323

機密

CONFIDENTIAL

Page 15Page 16

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