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Mr. CHUNG Pui-lam (in Cantonese):

Sir, to meet with the demographic, social and economic

development of Hong Kong, the Land Development Corporation should

be legally authorised to play a very important role in the

of some

area, the improvement if refdevelopment part of the urban area, improving the living

the enhancement if

environment and enhancing a modernized living in this territory.

I am a

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a Member of the Board of the Provisional Land

Development Corporation and I welcome the Bill before Council.

I believe this Bill already incorporates the correct legal spirit enabling the Corporation to work according to the principles

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of all public enterprises and to realife as legal responsibilities.

As we all know,

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At this common ground that Hong Kong has been very

successful at the promotion of the new towns and in new towne

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projects in the past fifteen years, and, Sir, you have further

said and I quote The Government hope that within the next five

years the Corporation will make a real and positive impact on

the urban environment

We have the same aspirations, confidence and targets.

is that The most important factor the new towns have been providing

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more and more infrastructure for the new territories so that

the new territories now house two thirds of the 5.6 million

people in Hong Kong. In order to ensure that there is a

comprehensive balanced and stable development all over the

territory, we must do something about the densely populated

urban areas, especially on both sides of the harbour where

we find very old and dilapidated areas. They should be given

priority in redevelopment.

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