RESTRICTED
Corporation's freight and passenger terminals,
Route 5 from Sha Tin
to Tsuen Wan, and piling work for the Eastern District Hospital. There is also substantial investment in water supply projects to
handle increased water supplies from China, in environmental
projects and in the provision of recreational and cultural
faciliies.
73.
A number of major infrastructural projects are under
being planned for
of these
construction
or
implementation.
facilitated by the Hong Kong
Some
Government,
are
projects, while financed by the private sector. They include notably the Eastern
road Harbour Crossing costing HK$3.4 billion, which will provide a and rail link by tunnel between the eastern part of Hong Kong Island and East Kowloon by 1990. Other examples are the construction of a
sixth terminal at
at the
the Kwai Chung Container Port (already the third Largest in the world), and active planning for a second air freight
complex at the Kai Tak International Airport.
the
Kowloon-Canton Railway Corporation is constructing the first phase of the Light Rail Transit System for the Tuen Mun and Yuen Long new
towns at cost of HK$1.2 billion.
Further,
Development of
of the new towns continues, with expenditure at
74.
the rate of
contruction
some
of
first
a
year.
Work has
on the
The
HK$3 billion
commenced
two new towns
The at Junk Bay and Tin Shui Wai.
of stage
development at Junk Bay Will accommodate 75,000 people in public housing and 48,000 people in private housing. first public housing intake is expected in early 1987.
first tube
road tunnel of the
started in November 1986.
Linking East
Kowloon
Work on the
to Junk Bay
75.
Government
approach
is
necessary
In addition to continued development of the
Hong Kong
that decided
redevelopment of
new
has
to the
also
a
towns,
more systematic
some of
the
the
older
parts of the urban area. A statutory Land Development Corporation will be responsible for devising and implementing specific redevelopment schemes, either alone or in partnership with existing
Provisional Board of the
September and the planning of the first already underway.
owners.
The
Corporation
was
formed
in
urban renewal projects is
RESTRICTED