900 33

16:39

BRITISH EMBASSY TOKO

10

X 77831

Wai

Ely,

ኢ. ።

The Choung Bong

announced a series of local projects post $40 billion) over the next 3 years, including: 11 Development of new container terminal;

(2)

HK Electric

investment of OVCI $10 billion; (3) Residential development projects in Tin Shui (jointly with China Resources), Cha Kwo Ling, and LAM (with Kumagai Gumi and CITIC);

(4) Development of a 94 billion residential complex in Lei Chau1.

The

Queen#WAY,

Tin

Evize group is developing the Pacific Place at comprising hotels, office and commercial Swire is Also building 2 twin-tower complex in Taikoo Shing, at cost 5800 million and du= for completion in 1992.

(5MP 89/11)

complexes,

SHK and Sino Land paid a record $3.35 billion for a Drime Wahchei site Opposice the MXCEC to develop

73-storey office tower project.

(SCHE 89/1)

a

consortium including Great Eagle, Sung Foo Kes, Ming Tai Exporters, Manhattan Garmante, Citicorp and Singapore-based Robert Kwok group has won the tender for a prime Central site in Garden Road next to the Bank of China Building $2.7 billion

devalop R massive commercial project comprising

office towexs. (Total investment $5.5 billion)

(HK Economic Journal 89/7; 89/12)

two

to

SHK plans to build a twin-tower office complex in Kwai Chung at cost $850 million. The company is also building 2 30- storey commercial building in North Point at cost $300 million.

K

Amoy Properties of the Hang Lung group has won the tender for the 1.1 hectare Peak Mansion site at 9328 million to develop R comprehensive commercial complex scheduled For completion in mid-1992. (Total investment $1.2 billion)

\SOME

Wharf Holdings is developing the Time Square, a $1.5 billion commercial complex at the old tramway depot in Causeway Bay due for completion in 1992.

(HK Standard 90/11

The government is planning to redevelop Central Government Offices at cost $1.23 billion and due for completion in five

years

The new office complex Will accommodate General Post Office and other public government O fie

2 new

2

The Hutchison group plans to develop a project comprising office buildings and a 700-room hotel in Hung Hom near the Whampoa Garden. (Total investment Sa.4 billion)

1

KCRC plans to develop a 910-room hotel and office/commercial project atop the Mong Kok railway station. (HK Standard 90/2)

"

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