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international investors play a key role. Both they and our
own increasingly sophisticated community expect appropriate
standards of business conduct and accountability.
The long
Accordingly, we
Kong market, more than most, depends for its future growth
on developing its international dimension.
will continue to place a high priority on enhancing the
fairness, transparency and efficiency of our markets.
15.
We are conscious of the need
to
balance the
interests of different groups of market players. In doing
So,
we shall not lose sight of the overall interest of the
We shall play this
role with sensitivity and good common sense.
market and the Hong Kong community.
Port and Airport Development Strategy
16.
sir,
I shall now turn to the Port and Airport
Development Strategy or PADS on which over 30 Members spoke. This
My
reflects the importance of the Strategy to liong Kong.
impression is that the great majority of Members who spoke
on the subject endorsed PADS, and in particular the
provision of a replacement airport to meet the needs of our
growing economy, But I also detected some lingering doubt
as to whether we could afford such a considerable financial
outlay over a relatively short period.