3
TUESDAY, OCTOBER 13, 1981
PRIVATE SECTOR EFFORT NEEDED IN NEW TOWN DEVELOPMENT
******
THE GOVERNMENT IS FULLY AWARE OF THE NEED TO ATTRACT PRIVATE SECTOR PARTICIPATION TO MAKE THE TAJ PO NEW TOWN DEVELOPMENT PROGRAMME A SUCCESS, SAID THE DISTRICT OFFICER, MR NICKY LO, AT A NEW TERRITORIES LIONS CLUB MEETING TODAY (TUESDAY).
+THE GOVERNMENT HAS ALREADY TAKEN THE NECESSARY MEASURES TO MAKE ROOM FOR SUCH INVESTMENT AND I PERSONALLY THINK THAT THE GOVERNMENT IS OFFERING AN AWFULLY GOOD DEAL IN TAI PO,+ MR LO SAID.
WITH REGARD TO INFRASTRUCTURE, HE SAID ALREADY COMMITTED TO A SERIES OF IMPROVEMENTS TO ROAD AND
HE SAID, GOVERNMENT WAS TRANSPORT COMMUNICATION,
+CONTRACT FOR THE SHA TIN-TAI PO SIX-LANE COASTAL HIGHWAY WAS LET IN JULY THIS YEAR. THIS NEW ROAD WILL BE COMPLETED IN 1984.
+WORK ON THE ELECTRIFICATION AND DOUBLE TRACKING OF THE KOWLOON-CANTON RAILWAY IS IN PROGRESS AND THE NEW ELECTRIC TRAIN SERVICE WILL BE EXTENDED TO TAI PO IN EARLY 1983.
+WORK ON THE REMAINING PARTS OF THE NT TRUNK ROAD PROJECT LINKING TAI PO TO FANLING IS SCHEDULED TO START IN PHASES WITHIN THE NEXT 12 MONTHS AND WILL BE EXPECTED TO BE COMPLETED BY THE END OF 1984.
+RESUMPTION OF PRIVATE LAND FOR WORK ON SOME OF THESE
SECTIONS HAS BEEN COMPLETED,+ MR LO SAID,
SECONDLY, HE CONTINUED, WITH REGARD TO LEASE CONDITIONS GOVERNING SITES FOR PRIVATE SECTOR DEVELOPMENT IN THE DISTRICT, THE GOVERNMENT WAS PREPARED TO ADOPT A FLEXIBLE APPROACH WHENEVER POSSIBLE TO ENSURE THAT SUCH SITES WOULD BE ATTRACTIVE TO THE PRIVATE INVESTORS AS WELL AS CONFORMING WITH THE OVERALL REQUIREMENTS AND ACHIEVING THE OBJECTIVES OF THE NEW TOWN DEVELOPMENT PLAN.
+THE PRIMARY OBJECTIVE OF GOVERNMENT'S LAND SALES PROGRAMME IS TO ACHIEVE THE DESIRED FORM OF PRIVATE SECTOR DEVELOPMENT.
+WHILE THE GOVERNMENT HAS A DUTY TO SAFEGUARD PUBLIC REVENUE, THE LAND SALES PROGRAMME IS NOT DESIGNED TO OBTAIN THE MAXIMUM SALES REVENUE AS AN END IN ITSELF.
+THE TAI PO DISTRICT OFFICE REGULARLY MONITORS THE PROGRESS OR LACK OF PROGRESS OF PRIVATE DEVELOPMENT AND WOULD RECOMMEND MOD IF ICATION OF LAND SALES CONDITIONS WHEN JUSTIFIED.
/+ONE MAMPLE