development areas amounting to dvor 100, hoetasoo (excluding the Kwai Chung Container Port) wore quitable for disposal to the private sector and that this should be done as doon as possible.
96.
The Working Group albo otudied the potential for lazgo scale comprehensive development by the private sector.
Junk Bay Now Town was identified as suitable for the creation of a large package for comprehensive development by the private sector in the context of the planning of the new town there. Further possibilities for this sort of privato goctor involvement in land formation and engineering. work osiot, but cannot be pursued until major strategic planning studion are completed in 1983. Provision for the idoatification 02 citoc auitable for comprehensive engineering and building development by the private sector will be included, at the appzopriate time, in the planning briet for any new 0731 in which it is decided undertake large scale urban development.
97.
Of
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detail.
Finally, the Working Group recommended that the concept development corporation should be studiod in greater The Government expecte to employ consultants towarde the end of this year and their findings should be available by the middle of next year.
98.
(c) Land change Entitlement Policy
The Land
Exchange Entitlement Syoten, which W23 2 introduced in 1960, hap run into difficulties, in part because more of the development land produced has been taken up to meet the needs of greatly expanded housing and rolated programmes. The outstanding Letter B commitment is how DONG 40 million square feet on an agricultural
land basis. In these circumstances, the Government had reached the conclusion that land exchange entitlements should cease to be issued with effoot .from the earliest possible datet The implications of this are being discussed with the Boung Yep Kuk. In addition, the Government is carefully considering ways of zeducing the
1
*
+
/outstanding
30