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WEDNESDAY, FEBRUARY 26, 1985
SIR JOHN SAID ANOTHER SIGNIFICANT FACTOR HAD BEEN
THE EFFECTIVE ACHIEVEMENT IN 1985-86 OF THE ZERO GROWTH TARGET FOR THE SIZE OF THE CIVIL SERVICE ESTABLISHMENT. BY DECEMBER 1985, TOTAL CIVIL SERVICE ESTABLISHMENT, AT 181 700, WAS A MERE 41 POSTS HIGHER THAN ONE YEAR PREVIOUSLY.
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SIR JOHN SAID THAT THE GREATER PART OF THE GOVERNMENT'S CAPITAL EXPENDITURE WAS NOW UNDERTAKEN THROUGH A VARIETY OF FUND ACCOUNTS, RATHER THAN THROUGH GENERAL REVENUE ACCOUNT. THIS WAS ESSENTIAL TO SMOOTH THE INEVITABLE FLUCTUATIONS IN CAPITAL REVENUE AND EXPENDITURE.
THE TOTAL REVISED ESTIMATE OF EXPENDITURE ON THESE CAPITAL FUNDS IN 1985-86 WAS $10.4 BILLION. THE BALANCES OF THE FUNDS WOULD HAVE INCREASED BY $1.7 BILLION DUE PARTLY TO SOME UNDERSPENDING, BUT ALSO DUE TO THE DELIBERATE POLICY OF BUILDING UP THE BALANCES FROM EXTRAORDINARY CAPITAL REVENUE. SIR JOHN SAID.
LAND PRODUCTION: 460 HECTARES EXPECTED
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GROSS LAND PRODUCTION IN 1986-87 IS EXPECTED TO BE 460 HECTARES COMPARED WITH A REVISED ESTIMATE OF 648 HECTARES FOR 1985-86, SIR JOHN BREMRIDGE SAID TODAY.
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480
OVER THE THREE YEARS OF THE NEW FORECAST PERIOD, HE SAID, TOTAL PRODUCTION WAS EXPECTED TO BE ABOUT 1 365 HECTARES IN 1987-88, 504 IN 88-89 AND 381 IN 89-90.
THESE FIGURES INCLUDED LAND FOR PUBLIC HOUSING, GOVERNMENT, INSTITUTIONAL AND COMMUNITY PURPOSES, OPEN SPACE AND ROADS IN BOTH THE URBAN AREAS AND THE NEW TERRITORIES, SIR JOHN EXPLAINED.
+THEY EXCLUDE 13.9 HECTARES WHICH THE HONG KONG INDUSTRIAL ESTATES CORPORATION PLANS TO FORM DURING 1986-87,+ HE SAID.
THE CORPORATION DID NOT COMPLETE THE FORMATION OF ANY NEW LAND IN 1985-86.
SIR JOHN SAID FOLLOWING THE DISSOLUTION OF THE SPECIAL COMMITTEE ON LAND SUPPLY, THE LAND AND BUILDING ADVISORY COMMITTEE HAD TAKEN ON RESPONSIBILITY FOR MONITORING THE AVAILABILITY OF LAND TO MEET FUTURE REQUIREMENTS.
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