FRIDAY, OCTOBER 1, 1982
6
TWO SITES IN CHAI WAN AWARDED FOR DEVELOPMENT
*****
THE GOVERNMENT TODAY (FRIDAY) AWARDED TWO TENDERS FOR TWO SITES IN CHAI WAN UNDER THE PRIVATE SECTOR PARTICIPATION SCHEME ARRANGEMENTS.
THE TENDERS WERE AWARDED TO BILLION TOWN CO. LTD., A WHOLLY- OWNED SUBSIDIARY OF NEW WORLD DEVELOPMENT CO. LTD. WHICH BID A TOTAL OF $303 300 000 FOR THE SITES.
THE GOVERNMENT LAND AGENT, MR T.J. MILLS, SAID THAT THE TWO SITES, ONE LOCATED TO THE NORTH OF THE JUNCTION OF HONG MAN STREET AND LEE CHUNG STREET AND THE OTHER AT THE JUNCTION OF CHAI WAN ROAD AND LOK MAN ROAD, MEASURE ABOUT 22 440 SQUARE METRES AND 10 400 SQUARE METRES RESPECTIVELY,
HE SAID THAT THE DEVELOPER PROPOSED TO PRODUCE ALTOGETHER 3 030 FLATS HAVING A TOTAL GROSS FLOOR AREA OF JUST OVER 195 000 SQUARE METRES.
+COMMERCIAL FACILITIES SUCH AS RESTAURANTS, RETAIL SHOPS AND A SUPERMARKET, COMPRISING A TOTAL OF ABOUT 3 410 SQUARE METRES, WILL ALSO BE PROVIDED TOGETHER WITH A KINDERGARTEN FOR EACH SITE,+ HE ADDED.
THE DEVELOPMENT OF THESE TWO SITES IS PROGRAMMED FOR COMPLETION IN ABOUT THREE YEARS.
POST OFFICE TO ISSUE NEW AEROGRAMME ****
THE POST OFFICE WILL ISSUE AN A4 SIZE AEROGRAMME IN MARCH NEXT YEAR TO REPLACE THE PRESENT ONE INTRODUCED IN 1971, THE POSTMASTER GENERAL ANNOUNCED TODAY (FRIDAY).
THE PRICE WILL REMAIN AT $1 AND THE DATE OF SALE WILL BE ANNOUNCED LATER.
SUBJECT TO CERTAIN CONDITIONS, THE POSTMASTER GENERAL WILL APPROVE THE SALE OF PRIVATELY PRINTED A4 SIZE AEROGRAMMES.
PRINTERS WISHING TO MANUFACTURE THESE AEROGRAMMES SHOULD APPLY TO THE POST OFFICE FOR APPROVAL, HE SAID.