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which, it is felt, can probably be completed more expeditiously by the Government in view of its experience in these matters. It is therefore proposed that even should this Project be implemented as a private sector venture this interchange should be implemented as a public works programme project at an estimated cost of $225m. This has been taken into account in the financial projections at Annex C.
D
PROGRAMME
21
A comparison of programmes for both public works and private sector implementation is set out at Annex D. Marginal time savings may be possible if this Project proceeds through the public works programme. The conclusions in this regard are in line with the consultants recommendations.
22
Suggestions have been made that with a different technical and engineering approach completion might be advanced. These have been considered, but Government's consultants advise that it would be unwise to plan at this stage on completion much before mid 1992.
LAND REQUIREMENTS
23
Land resumption and
and clearance are required to
to free land for the construction of the tunnel
tunnel approach
approach roads and portals at Siu Lek Yuen in Shatin and Diamond Hill in Kowloon. Total land requirements have not yet been finalised but it is estimated that about 18 hectares will be required in Kowloon and about 16.5 hectares in Shatin. Land will be required in four or five phases and resumption and clearance will be phased accordingly.
24
Preliminary estimates show that in Diamond Hill about 4,520 households comprising some 16,400
16,400 persons will
will require rehousing. In Shatin only
In Shatin only about 60 persons will be affected. People rendered homeless will be rehoused
will be rehoused in accordance with current policy and will receive the appropriate statutory and ex-gratia rates of compensation in accordance with their eligibility.
REHOUSING
25
The clearance at Diamond Hill will impose pressure on the limited supply of public housing in Kowloon. Should clearees be offered rehousing outside Kowloon they would be unlikely to co-operate. The timing of the project may be affected by the availability of additional suitable sites for both temporary and permanent housing, both of which will be required. Efforts are now being made to identify land for this purpose.