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FRIDAY, MARCH 8, 1985
+THE HONG KONG GOVERNMENT DOES NOT BELIEVE IN TAKING OVER FROM THE PRIVATE SECTOR PRODUCTION WHICH IT CAN WELL DO ITSELF. SO WE LOOK FORWARD TO A CONTINUING HIGH LEVEL OF CONTRIBUTION OF SMALL FLATS BY PRIVATE DEVELOPERS IN THE YEARS AHEAD.+
MR FORD SAID THE PSPS WAS DEVISED AS A PARTNERSHIP BETWEEN THE PRIVATE DEVELOPERS AND THE GOVERNMENT WITH THE SOCIAL OBJECTIVE OF OFFERING MORE LOW-PRICED HOMES TO EXISTING PUBLIC HOUSING TENANTS AND TO OTHER LOWER-MIDDLE-INCOME FAMILIES WISHING TO ACQUIRE THEIR OWN HOMES.
+WE ARE DELIGHTED THAT THERE HAS BEEN SUCH A GOOD RESPONSE FROM DEVELOPERS TO PARTICIPATE IN THE PSPS PROGRAMME . +
HE DESCRIBED THEIR PARTICIPATION IN THE CONSTRUCTION OF THESE MUCH-NEEDED HOMES AS AN IMPORTANT CONTRIBUTION TO THE NEEDS OF THE HONG KONG COMMUNITY.
+SINCE THE INCEPTION OF THE HOME OWNERSHIP SCHEME IN 1978, OVER 44 000 HOS AND PSPS FLATS HAVE BEEN SOLD.
+THE HOUSING AUTHORITY IS JUSTLY PROUD OF THE HIGH STANDARD OF ITS HOME OWNERSHIP SCHEME AND I AM SURE WE CAN RELY ON PRIVATE DEVELOPERS TO MAINTAIN AN EQUALLY HIGH STANDARD IN PSPS SCHEMES.+
THREE BLOCKS AT HOLFORD GARDENS, CENTRALLY LOCATED IN THE FAST-DEVELOPING NEW TOWN, WILL BE PUT UP FOR SALE NEXT WEEK, TOGETHER WITH THREE OTHER PSPS PROJECTS.
EARLIER IN THE CEREMONY, CHAIRMAN OF THE HOUSING AUTHORITY'S HOME OWNERSHIP SCHEME COMMITTEE, MR CHARLES SIN, SAID THAT THE PROJECT INDICATED A DEEPER INVOLVEMENT OF MAINLAND CHINA-BASED ORGANISATIONS IN THE VARIOUS ASPECTS OF DEVELOPMENT OF HONG KONG.
+THIS CERTAINLY BRINGS ABOUT GOOD EFFECT IN HELPING MAINTAIN THE PROSPERITY AND STABILITY OF HONG KONG.+
CHANCE SEEN FOR SOLVING HOUSING PROBLEM ******
THE SECRETARY FOR HOUSING, MR DAVID FORD, SAID TODAY THE HOUSING AUTHORITY NOW HAD THE OPPORTUNITY NOT ONLY TO CLEAR SQUATTERS FROM URBAN HILLSIDES FOREVER, BUT ALSO TO FIND A LONG-TERM SOLUTION TO THE HOUSING PROBLEM.
HE SAID THIS HAD RESULTED FROM THE FACT THAT FOR THE FIRST TIME FOR MANY DECADES, THE AUTHORITY COULD NOW LOOK FORWARD TO LOW POPULATION GROWTH.
/SPEAKING AT
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