18

Last year, our port handled 87 per cent of our

external trade

100 million tons of cargo,

including eight million containers.

If CT9 is delayed by even two years, the

economic

loss to Hong Kong will be $20 billion

in the decade after 1997.

@

28.

delay will

growth of

So the development of CT9 is urgent. The present

hamper our ability to service the export-led

Southern China as fully as we would wish to and

as China would vish us to do. It will also

presumably

lead

the

to longer traffic queues at our existing port

facilities, aggravating congestion throughout the rest of

transport network and directly reducing the quality of

life for the public at large. Once again, let me reassure

this Council that we will do our level best to move the

development of our new container terminals forward.

29.

great

Let ле make three final points about all these

infrastructure projects which will contribute so much

to Hong Kong's future.

First, we have

issues

forward.

done all we can to take these

We do not link political and

livelihood issues.

For the Government of Hong

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