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4.3.3
on the technical and the fiscal aspects of the
development. In the short run, percing the outcome of
the feasibility studies, it was intended to develop
small berths for vessels up to 3000 tonnes to 5000
toones mairly carrying mineral ores and construction
materials. Other than this, there was no specific plan
as to other developments in Yantian. The port of Kong
Kong had been so well established and was the centre of
international trade in South China. This status would
not be changed in the foreseeable future. At present,
some 80% of overseas exports from Shenzhen were via Hong
kong. This pattern was not expected to change to any
great extent in the near future. In the very long term,
Shenzhen had to develop its Own port for economic
efficiency. In his view, it would however be quite
unlikely that Shenzhen's development woule rose a threat
to Hong Kong's sea trade.
The port facilities in
Shenzhen could not replace those in Fong Kong. They
would serve as a supplement only.
Mr. G. Farres (Secretary for Lands & Works, Hong Kong)
added that the compatibility of developments on both
sices was very important as all the infrastructural
facilities were very lorg term commitments. Neither
the present HK Government nor the future SAR Government.
should waste their resources to invest in facilities in
which Shenzhen was already irvesting heavily, and vice versa. Mr. Zhang totally agreed with this and called for more co-operation and exchange of information in
future.