ExCo Scenario
FURTHER EXPANSION OF TERTIARY EDUCATION
Comparison of Recurrent Costings : ExCo Growth Scenario and UPGC Expansion Plan
1991-92
1992-93
1993-94
($m)
1994-95
Total
A.
Advance student targets
58.5
144.2
203.6
187.1
593.4
B.
Increase CUHK's capacity
14.1
96.6
188.5
270.5
569.7
C.
Upgrade LC
35.7
71.4
107.1
142.8
357.0
D.
Expand HKP's and CPHK' S
degree limit to 75%
10
20
64.
3
(and expand TIs)
(-)
(-)
(419.7)
133.5
(600.1)
9
228.2
(1,019.8)
Total costs (at mid 89 prices)
118.3
332.2
563.5
734.3
1,748.3
(at mid 91 prices)*
151.3
(UPGC expansion scenario)**
(267.59)
424.
8
(481.944)
720.7
(699.061)
939.1
(892.266)
2,235.9
(2,340.87)
**
assuming an increase of 15% pa on salary elements (70% of the total cost) and inflation of 8.5% pa on non-salary elements (30%)
assuming no change in the salary structure, as in the case of the ExCo scenario
ANNEX Q