SECRET
45
11.2.87
Urban and Regional Councils, is forecast to be
$53.4 billion (28). I shall refer specifically to our
land production, housing, education, medical and social
welfare programmes because they are so important and,
together, make up more than half of consolidated account
expenditure.
Land Production
91.
Gross land production in 1987-88 is expected to
be 357 hectares compared with a revised estimate for
1986-87 of 356 hectares. Over the three years of the new
forecast period 1988-89 to 1990-91, total production is
expected to be 1 572 hectares (29).
(28)
(29)
Reference to all programmes can be found in Appendix D.
The gross figures for land production include land for public housing, government, institutional and community purposes, open space and roads in both the urban areas and the New Territories. They exclude 9.95 hectares and 1.78 hectares which the Hong Kong Industrial Estates Corporation plans to form during 1987-88 and 1989-90 respectively. Corporation did not complete the formation of any new land during 1986-87.
Year
Production Thectares)
The
1988-89 1989-90
1990-91
SECRET
411 719
442
1 572
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4.2.87
Public Housing