RESTRICTED.
GR.223
RESTRICTED
RM
EM RONG KONG 387927Z NOV 78
TO
MORY
TO PRIORITY HONG KONG GOVERNMENT OFFICE LONDON
TELNO.1436 OF 30 NOVEMBER,
INFO PRIORITY F.C.O.
FOR WEBB-JOHNSON FROM S.N.T.
PY
HKK 360/3
22
FLECAIVED IN REGISTRY NO. 51.
3 0-NOV 1978
DESK OFFICER INDEX
RE.
PA
Action Ten
-N1.
ساتھ
MY TELNO.1493 (NOT TO FCO): NORTH TSUEN WAN FACTORY CLEARANCES.
1. APPROVAL HAS BEEN GIVEN FOR A FURTHER INCREASE IN GENERAL RATE.
OF COMPENSATION,
2. PRE JULY RATES WERE DOLLARS 7,000 FOR BETWEEN, FIFTY AND TWO
HUNDRED SQ.FT OF COVERED WORKING AREA PLUS 20 DOLLARS PER
SQ.FT FOR REMAINING COVERED WORKING AREA PLUS 7 DOLLARS
PER SQ.FT FOR OPEN WORKING AREA. THIS COMPENSATION WAS SUBJECT
TO A CEILING OF 100,000 DOLLARS.
3. IN JULY THE 20 DOLLARS PER SQ.FT RATE WAS RAISED TO 34 DOLLARS
PER SQ.FT AND THE COMPENSATION CEILING WAS REMOVED. ON 29TH
NOVEMBER THE 34 DOLLARS PER SQ.FT WAS INCREASED TO 38 DOLLARS
PER SQ.FT.
-JULY
4. ON PRE-JULY RATES COMPENSATION TO THE 22 FACTORIES WOULD HAVE AMOUNTED TO SOME TWO MILLION DOLLARS. ON PRESENT RATES IT WILL
BE NINE POINT THREE MILLION,
.5. CMA AND FEDERATION OF HONG KONG INDUSTRY HAVE TODAY BEEN
INFORMED OF NEW RATES IN REPLY TO THEIR PETITION TO GOVERNOR. REPLY ALSO AFFIRMED THAT GOVERNMENT WOULD NOT ALLOW RESITES ON AGRICULTURAL LAND NOR PROVIDE AN INDUSTRIAL AREA FOR THE
FACTORIES.
•
6. THE FACTORY OWNERS (NOW TWENTY) INTEND TO PRESENT A FURTHER PETITION TO GOVERNOR TODAY.
MACLEHOSE
FILES HKT GI
RESTRICTED
COPIES TO How& Kong Gov T OFFICE"