in

5

Closing remarks

rem

Having said all this,

this, I agree with

I agree with the Administration's

view that the New Territories Leases

Leases (Extension) Bill 1987 should

not be delayed any further, as it will have a significant impact

on the future development of the New

New Territories. For example,

Lethe problems of the Industrial Estates in Tai Po and Yuen Long

-

there are

have been brought to the attention of the Ad Hoc Group

indications that investors, including some large multi-national

companies, are becoming more concerned about their future lease

conditions. With the passage of this Bill, I hope all such

anxieties will be eliminated, making no small contribution to the

future prosperity of Hong Kong.

With these remarks, Sir, I support the motion.

S4D6:0175D

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