APPENDIX A.
FINANCIAL SUMMARY.
1.
Administrative Authority
2.
Allocation
3.
Classification
4.
Description of Scheme
5.
Total cost
6.
Colonial Development &
Welfare Assistance required
7.
8.
44
Government of Hong Kong.
Ko
if
General Reserve of £1,000,000.
Social:
Telfarer housing for lower-income
Construction of 8 blocks comprising 370 flats.
£138,092 ($2,209,468)
(see heatedathon Below)
Grant of £13,500 (8216,000)
Estimate of assistance required by Colony.
Capital
Recurrent
1951/1952
£13,500
Nil
£13,500
Estimate of total capital expenditure required to be made outside the Colony:
(a) Iron and Steel £13,125 ($210,000) based on price
ex Government Stores. Sufficient steel is available in the Colony.
(b)
Cement
local cement will be used.
(c)
All equipment needed is available in the Colony.