11

23.

These are problems of any growing economy. Like

all of our past intensive investment in physical and social

infrastructure, the problems now

now facing us will challenge

our skills at budgetary management. But managed they will

be, with our traditional prudence in these matters. What I

want to emphasise to you today is that our problems, the

projects we are undertaking, and the economic growth which

supplies the momentum for them,

them, represent a huge range of

business opportunities.

!

24.

In Hong

Hong Kong we have always taken a minimalist

approach to government, in the firm belief that private

enterprise maximises efficiency. So, having published our

plans, we will be looking to

to the private sector both to

participate extensively in our projects, and hopefully

provide some of the money! Thus, we will be looking not

just for designers,

designers, engineers, bridge .builders and

suppliers of sophisticated widgets. We will be looking also

for partners to share in the dividends of enterprise.

25.

The port and airport

airport projects have attracted a

great deal of attention. This is inevitable because lumped

together they add up to a lot of concrete and steel. But it

is the "why" of them which should attract the businessman's

/attention.

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