SAMENT HOUSE HONG KONG.

RUN AT EP 23 11002

26.03

14

لا

We Will need to relieve the strain of

cross-border

commercial traffic on our road system in ways that promote

our growing trade not impede it. And we shall have to give

careful consideration to a new railway link through the

western New Territories to the container port.

SERVING THE NEXT CENTURY

20.

But the

overriding

challenge in developing our

infrastructure is how to Beet the demands both of our

economic expansion and of China's modernisation.

This means

constructing the port, airport, road and rail facilities to

cope with continued economic

expansion well into the next

century. There are some projects which we can undertake and

complete by 1997 entirely from our own resources. In other

financing or

a require

longer

cases,

construction

will

time-frame.

21.

Our ability to proceed with major projects

1997 depends in the last resort on our success in

persuading the Chinese Government to agree to them.

straddling

Sometimes

discussions.

securing

Where

threatens the completion of

should still do

vital

everything

projects forward

agreement requires prolonged

the length of these discussions

a project, I believe that we

we prudently can to take these

far

as we are able.

The

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