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SUNDAY, FEBRUARY 18, 1979
SECOND PHASE OF YUEN LONG INDUSTRIAL ESTATE STARTS
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SITE FORMATION WORK ON THE SECOND PHASE OF THE YUEN LONG INDUSTRIAL ESTATE IS EXPECTED TO START IN APRIL THIS YEAR.
THE $467 MILLION ESTATE, THE SECOND INDUSTRIAL ESTATE FOR HONG KONG, IS TO BE BUILT ON A SITE AT WANG CHAU, NORTH OF THE RAPIDLY-EXPANDING NEW TOWN OF YUEN LONG, AND IS CLOSE TO THE MAIN DUAL CARRIAGEWAY FROM YUEN LONG TO TUEN MUN WHICH IS LINKED TO TSUEN WAN, KWA! CHUNG AND KOWLOON BY THE NEW TUEN MUN HIGHWAY.
CONSTRUCTION WORK WILL TAKE THREE YEARS TO FINISH AND WHEN DEVELOPMENT IS COMPLETED, A TOTAL OF 72 HECTARES OF LAND WILL BE PROVIDED FOR SPECIAL INDUSTRY TO HELP HONG KONG BROADEN ITS INDUSTRIAL BASE.
THE YUEN LONG DISTRICT OFFICER, MR. MICHAEL CARTLAND, SAID THE IMMEDIATE AVAILABILITY OF SERVICED LAND WAS AN ESSENTIAL ELEMENT OF INDUSTRIAL PROMOTION AND WOULD IN ITSELF BE AN ATTRACTION TO POTENTIAL INVESTORS.
+THE PROJECT WILL BECOME A KEY FACTOR IN THE TOWN'S PLANNED GROWTH FROM ITS PRESENT POPULATION OF 40,000 TO NEARLY 100,000 BY THE MID 1980S, HE SAID.
+THE ESTATE AND THE MANY NEW AND EXPANDED FACILITIES IN THE TOWN WILL BE DEVELOPED IN TANDEM TO CONTRIBUTE TO A BALANCED TOWNSHIP WITH ALL MODERN FACILITIES.+
THE PROJECT IS DEVELOPED BY THE HONG KONG INDUSTRIAL ESTATES CORPORATION IN TWO PHASES, WITH A MAJOR PORTION OF THE FUNDS BEING PROVIDED BY THE GOVERNMENT'S DEVELOPMENT LOAN FUND.
THE FIRST PHASE INVOLVING THE CONSTRUCTION OF A SERVICE RESERVOIR AND AN ACCESS ROAD, A SEWAGE TREATMENT WORKS, A SECOND ACCESS ROAD TO THE ESTATE AND AN INDUSTRIAL LAND IS NOW IN HAND.
DEVELOPMENT ON THE SECOND PHASE WILL INCLUDE THE FORMATION OF AN INDUSTRIAL LAND AND AN ACCESS ROAD, A BORROW AREA AT SHAN HA, SOUTH OF YUEN LONG TOWN, AND AN ACCESS ROAD TO THE BORROW AREA.
+THESE WORKS WOULD REQUIRE THE RESUMPTION OF MORE THAN 102,899 SQUARE METRES OF AGRICULTURAL LAND BY MID-APRIL THIS YEAR AND OWNERS AFFECTED WOULD BE OFFERED COMPENSATION OF CURRENT RATES AND LAND EXCHANGE ENTITLEMENTS, → MR. CARTLAND SAID.
/HE ADDED