2

Authority.

consortium

The Authority also selected an international

to undertake the Airport Site Preparation Contract

on the basis of a highly competitive bid which was well within budget. Detailed design work on the airport island, continued throughout the year.

4.

The Hong Kong Government also began negotiations with the private consortium that had bid to construct the Western Harbour Crossing on a "Build-operate-transfer" basis, with a view to awarding a franchise by mid-1993.

(b)

Port Development

5.

In order to ensure that the port of Hong Kong has adequate capacity to meet demands generated by local manufacturing and trading activities, as well as those arising out of rapid economic growth in Southern China, the

Hong Kong Government aims to provide in a timely manner efficient and high-capacity port facilities. To this end, a

revised Port Development Plan and Programme has recently been drawn up.

6.

operational

planned to

container

The first berth of Container Terminal 8 will become

during 1993 and Container Terminal 9 is being

start operating in 1995.

Future additional

Peninsula.

terminals will be sited on the Lantau Port

Action is also being taken to develop a river

trade terminal to cater for vessels transporting cargoes along the Pearl River estuary in Southern China.

7.

Four other detailed feasibility studies have been commissioned to consider the longer-term provision of various

port facilities in the eastern and western areas of the Territory. These studies will be completed in 1993.

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