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Wednesday, January 30, 1974
SALES OF LAND FOR SPECIAL INDUSTRIES
Basic Principles Of Government Policy Outlined
The Secretary for the Environment, Mr. James Robson, said that the government is prepared to consider restrictive user sales of land for special industries when an application is made for suitable land.
must be:
However, he pointed out that the industrial processes to be used
*
first, new to Hong Kong and represent a technological upgrading to a significant degree of an existing
industrial process;
second, at a higher level of technology and provide employment opportunities at a general higher level of skill than currently obtains in Hong Kong industry;
third, land-intensive and cannot be carried out in ordinary multi-storey industrial buildings.
Mr. Robson was outlining the basic principles of the policy now being applied for restrictive user sales of land for special industries in reply to a question by Dr. the Hon. S.Y. Chung in the Legislative Council today.
He said that the basic method of sale to be adopted for this land
was normal tender procedure on a suitably defined restrictive user basis...
"Recently, however, the Executive Council has agreed to sales by
private treaty where the engineering studies necessary to submit a reasoned tender, or the difficulty of specifying what controls are needed to safeguard
against pollution, would probably have resulted in thero being no sale if
tenders had been called for the sites applied for," Mr. Robson said.
In such cases, he added, the premium charged was the full market
value of the land restricted to low buildings.
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