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Lantau will of course continue to be based on demand, it
will therefore be incremental and it will also be largely
financed by the private sector.
33.
The point I
I would like to stress here is that
whilst we have a programme for completion of the core
projects it is not set in stone. As more information
becomes available the programme is reviewed and refined to
reflect the optimum time frame within which each project
can be completed at a reasonable cost. I use the word
Because time equals money in two ways,
optimum advisedly.
speedy completion can
inflationary impact on costs, but. on the other hand an
unrealistic target date will result in contractors bidding
higher prices to cover the risks involved in a tight
save money by avoiding the
schedule. Our prime concern in coming to a conclusion on
programming therefore is to ensure speedy completion with
optimum value for money.
34.
Let me turn now to the question of consultation.
I think we well understand that the Government cannot
expect universal acclaim, but sometimes it seems we cannot
win whichever way we go.
I wonder if members recall the
criticism voiced in this Council in the media and in the
community in 1988 and 1989 when we were considering the
The painstaking way in which we insisted on
studying every aspect of the strategy became a standing
joke. The most often heard criticism then was "Not
PADS.
SO'd S660 Sra ase
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