14
Land Sales
35
The Special Committee on Land Supply, chaired by Miss Dunn,
has compared forecasts of land production up to 1984/85 with the
Government's own requirements and those of the private sector. The
targets set by the Committee call for the sale in 1982/83 of at least
58 hectares of land for private development. Nevertheless we must aim
as far as possible to exceed these targets in order to further housing
and diversification and to assist in stabilising land prices. In fact
this year the Government hopes to sell close on 100 hectares of land,
and I am confident that we will achieve at least a similar level of
sales in 1982/83. I am sure we will be assisted by the close watch
maintained by Miss Dunn's committee.
}
Planning of Land Use
36.
After 1985 and through to the '90s, the major needs should
be met initially from developments at Ma On Shan and Junk Bay and
probably in the North West. In the longer term the most careful
strategic planning will be necessary. The development potentials of
Hong Kong Island, Kowloon, the inner harbour, the North Eastern and
North Western New Territories and North Lantau are now all being
separately investigated, and these investigations include the best site
for a new airport and the transport system necessary to sustain it.
The results of all these studies will be brought together by the end
of 1982 to produce a number of options for the future development of
land resources and transport services. Further knowledge of the pattern
of development immediately North of the Border, should by then greatly
assist us in deciding on our own plans.
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