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65.
The Special Committee on Land Supply has continued to
recommend targets for land production and to monitor the achievement of those targets (26).
66.
Government gross land production in 1985-86 is estimated to be 652 hectares as compared with 313 hectares in 1984-85 (27). The reduction in estimated land production in 1984-85 from the original forecast of 523 hectares followed a
review of the works schedule for the New Towns
Towns Development Programme. Over the three years of the new forecast period 1986-87 to 1988-89, total production is estimated to be 1,683 hectares (28).
(26) In the light of the present economic climate, the Special Committee on
Land Supply has been paying particular attention to :
(a) setting targets for the supply of land for all categories of use (other than for public housing, which has priority and for which the supply is geared to the Housing Authority's requirements) on the basis of estimates of potential demand rather than on estimates of production of new land;
(b) assessing the implications of achieving balanced industrial development at the sub-regional level and examining the prospect of commercial office decentralisation in the context of current plans and proposals;
(c) monitoring the progress of further studies on implementing
the Land Development Corporation concept; and
(d) monitoring the temporary use of vacant Crown land sites and considering the possibility of rezoning undeveloped Government, Institutional and Community (GIC) sites in the urban area for private development.
(27) Excluding 10.5 hectares and 11.2 hectares respectively for land formed by the Hong Kong Industrial Estates Corporation. The gross figures for land production are, of course, inclusive of large areas appropriated for public housing, Government, institutional use, other community purposes, open space and roads.
(28)
Year
Production (Hectares)
1986-87
597
1987-88
730
1988-89
356
1,683
G.F. 316
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