1

2

The contract signed by Mr Liao today will provide housing for

10,800 people and the project is due for completion in two years. The

extension like the first phase will be of the twin-tower type and include

three primary schools.

Following are details of all six contracts let this year:

Contract

Date

Contract

Accommodation

Sum ($M)

March

Wah Fu Extension

10,700

35.8

April

Lai Yiu (Phase IIB)

3,200

11.9

June

Fu Shan

11,500

34.8

July

Ngau Chi Wan (Phase I)

16,200

40.6

July

Shun Lee Tsuen

15,700

47.9

(Stage II Phase I)

-

September

Cheung Ching (Phase I Extension)

10,800

32.3

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