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72
Over 55 % of expenditure on public works is on highways and
engineering projects, including site formation. Major projects
which began in 1986 include reclamation at Hung Hom Bay, which will
provide land for expansion
the Kowloon-Canton Railway
Corporation's freight and passenger terminals, Route 5 from Sha
to Tsuen Wan, and piling work for the Eastern District Hospital.
There is also substantial investment
handle increased
water
of
in
supplies from
projects and in the provision
facilities.
Tin
water supply projects to
China, in environmental
of recreational and cultural
73.
implementation
are
A number of major infrastructural projects are under
construction or being planned for
Some of these
projects, while facilitated by the Hong Kong Government,
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
Kowloon-Canton Railway Corporation is constructing the first phase
of the Light Rail Transit System for the Tuen Mun and Yuen Long new
towns a t a cost of HK$1.3 billion.
74.
towns new
a year.
Development of the new towns continues, with expenditure at
the rate of some HK$3 billion
Work has commenced on the
contruction of two
at Junk Bay and Tin Shui Wai. The
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.
Hong
approach
In addition
continued development of
new towns, the
Kong Government
has also decided that a more systematic
necessary to
the redevelopment of some of the older
parts of the urban area, A statutory Land Development Corporation
will be responsible for
is
devising and implementing specific
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