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72
Over 55% of expenditure.
on
public works
is
engineering projects, including site formation.
on highways and
Major projects
which began in 1986 include reclamation at Hung Hom Bay, which will
provide land for expansion of the Kowloon-Canton Railway
to
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
supplies from China, in environmental
the provision of recreational and cultural
handle increased
in
projects and
facilities.
water
73.
A number of major infrastructural projects are under
construction or being planned for implementation Some of these
projects, while
facilitated
by the Hong Kong Government, are
financed by the
private sector. They include notably the Eastern
Harbour Crossing costing HK$3.4 billion, which will provide a road
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 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.
Further, the
...owloon-Canton Railway Corporation is constructing the first phase
of the Light Rail Transit System for the Tuen Mun and Yuen Long new
towns at a cost of HK$1.3 billion.
74.
The
Development of the new towns continues, with expenditure at
the rate of some HK$ 3 billion a year.
Work has commenced on the
contruction of two new towns at Junk Day and Tin Shui Wai.
first stage of
development at Junk Bay will accommodate 75,000
people in public housing and 48,000 people in private housing. The
first public housing intake is expected in early 1987. Work on the
first tube of the road tunnel linking East Kowloon to Junk Bay
started in November 1986.
75.
older
In addition to continued development of the new towns, the
uong Kong Government
has also decided that a more systematic
approach is necessary to the redevelopment of some of the
parts of the urban area, A statutory Land Development Corporation
will be responsible for devising and implementing specific
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