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سوا
before the end of 1989 and will provide some relief for
morning peak hour passengers on the currently overcrowded
Nathan Road corridor. The Corporation is also considering
proposals for a possible extension to Junk Bay New Town,
eastern
the western side of Kowloon peninsula.
20.
Sir,
I am satisfied that the Corporation's current л capital structure is adequate, its costs contained, and
its revenue growth sufficient to meet its obligations.
The Board of the Corporation and I are in agreement that
the prospect of any future extension of the MTR must be
carefully examined to ensure that these criteria are
maintained.
of/le XI.
finally
I would like to thank the Chairman and the
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le Board, and the management and staff of the Mass Transit
le
Railway Corporation for the very efficient and responsible manner in which they have managed the corporation.
affairs of the
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