FRIDAY, JUNE 24, 1983
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VEHICLES LEAVING THE PREMISES ON PEAK ROAD SECTION BETWEEN MAGAZINE GAP ROAD AND STUBBS ROAD WILL ONLY BE ALLOWED TO TRAVEL DOWNHILL I.E. EASTBOUND DIRECTION.
ACCESS TO THE UPPER (CUL-DE-SAC) SECTION OF MAGAZINE GAP ROAD WILL ONLY BE FROM COOMBE ROAD.
THERE WILL BE TRAFFIC SIGNS TO GUIDE MOTORISTS.
CONCURRENTLY. THE EXISTING RESTRICTION FOR VEHICLES USING COOMBE ROAD WILL BE TEMPORARILY RESCINDED.
AT THE SAME TIME, THE TEMPORARY ARRANGEMENT OF USING POKFULAM RESERVOIR ROAD AS AN ACCESS ROAD FOR MOTOR VEHICLES TO AND FROM THE PEAK WILL BE CANCELLED.
FOLLOWING IMPLEMENTATION OF THE NEW TRAFFIC ARRANGEMENTS, CMB ROUTE NO. 15 AND 15B AND FRANCHISED PUBLIC LIGHT BUS ROUTES NO. 1 AND 30 WILL RESUME THEIR NORMAL ROUTINGS AND SERVICES.
THE PEAK TRAM SERVICE WILL ALSO OPERATE IN ACCORDANCE WITH THE NORMAL TIMETABLE.
PLAN FOR HK IEC TO GRANT SHORT-TERM LEASES
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THE HONG KONG INDUSTRIAL ESTATES CORPORATION (AMENDMENT) BILL 1983 PUBLISHED IN THE GOVERNMENT GAZETTE TODAY EMPOWERS THE HONG KONG INDUSTRIAL ESTATES CORPORATION (HKIEC) TO GRANT SHORT TERM LEASES OF LAND WITHIN ITS ESTATES FOR NON-INDUSTRIAL PURPOSES.
ANNOUNCING THIS TODAY, A GOVERNMENT SPOKESMAN EXPLAINED THAT THE HKIEC HAS A LAND BANK WHICH IS MORE THAN ADEQUATE TO MEET THE EXPECTED DEMAND FOR SITES FROM ELIGIBLE INDUSTRIES FOR THE SHORT TERM FUTURE.
+THERE IS, HOWEVER, EVIDENCE OF DEMAND FOR TEMPORARY SITES FOR OTHER USES, FOR EXAMPLE, STORAGE AND MAINTENANCE OF MACHINERY AND CONTAINERS. THIS BILL ŠEEKS TO ALLOW HKIEC THE FLEXIBILITY TO MAKE USE OF SPACE CAPACITY TO EARN INCOME, WITHOUT COMPROMISING ITS LONG TERM OBJECTIVES.
+THE PROPOSAL IS MOST UNLIKELY TO DEPRIVE ELIGIBLE INDUSTRIES OF SITES WITHIN THE INDUSTRIAL ESTATES. AS AT APRIL 1983, THE CORPORATION HAD A TOTAL OF 35 HECTARES NOT YET ALLOCATED. A FURTHER 53 HECTARES WILL BE AVAILABLE IN 1984 AND A FURTHER FIVE HECTARES IN 1985.+
THE FIRST AND SECOND READINGS OF THE BILL WILL BE HELD ON JUNE 29, AND THE RESUMED DEBATE, COMMITTEE STAGE AND FINAL READING ON JULY 13.
PUBLIC COMMENTS ON THE BILL MAY BE SUBMITTED TO UMELCO (SWIRE HOUSE, 12/F, CHATER ROAD, HONG KONG) OR THE SECRETARY FOR TRADE AND INDUSTRY (OCEAN CENTRE, 14/F, CANTON ROAD, KOWLOON).