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APPENDIX A.

FINANCIAL SUMMARY,

1. Administering Authority

2. Allocation

Hong Kong Government.

3. Classification 4 3(b) Economic (Fisheries).

4. Description of scheme

5. Total cost

Mechanisation of Hong Kong Fishing Fleet.

£20,000.

Grant £20,000

6. Colonial Development and Welfare Assistance required

(Grant of loan amount in £ sterling)

7. Estimate of assistance required by Colony

financial years.

Capital

1950

1950/51

1951 1951/52

Total

£1,750

£17,350

£19,100

Recurrent

(a) Personal

Emoluments

£450

£450

£900

(b) Other Charges

Total Recurrent

£450

£450

Total Expenditure

£2,200

£17,800

£20,000

8. Estimate of the total capital expenditure required to be made

outside the Colony, showing separately:-

(a) Iron and Steel

(b) Coment

Nil

Nil

(c) Machinery by main types, c.g., Industrial, earth-moving, general agricultural locomotives, rolling stock,

generating equipment etc.

2 Marine Diesel Engines

2 Generators

2 Winches

Subject to verification when designs are completed.

23 Ent

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