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FRIDAY, APRIL 3, 1987
+WITH THE COMPLETION NEXT YEAR OF THE ROAD LINK AT LOK MA CHAU, IT WILL BE LESS THAN 15 MINUTES DRIVE FROM A MAJOR CROSSING POINT INTO THE SHENZHEN SPECIAL ECONOMIC ZONE.
+THE LIGHT RAIL TRANSIT SYSTEM IS DUE TO BE COMPLETED BY AUGUST NEXT YEAR. AND TRAVELLING TIME ON THE SYSTEM TO TUEN MUN WILL BE ONLY 25 MINUTES.+
MOREOVER, MR CHEONG SAID HOUSING DEVELOPMENTS HAD INCREASED THE LOCAL SUPPLY OF LABOUR.
+RESIDENTS ARE ALREADY MOVING INTO THE NEARBY LONG PING HOUSING ESTATE AND THIS WILL BE FULLY OCCUPIED WITH A POPULATION OF 35 000 BY AUGUST THIS YEAR.
+ INTERNALLY, THE LAND PREMIUM HERE IS CURRENTLY ONLY $900 PER SQUARE METRE, WHICH IS $200 PER SQUARE METRE CHEAPER THAN THE PRICE AT THE OTHER INDUSTRIAL ESTATE AT TAI PO.
+THERE IS ALSO A COMPREHENSIVE RANGE OF SIZE AND CONFIGURATION OF SITES AVAILABLE HERE WITH 53 HECTARES OF LAND STILL REMAINING TO BE TAKEN UP, AND LESSEES ARE ALLOWED TO USE HEAVY FUEL OIL WITH 2.5 PER CENT SULPHUR CONTENT, WHICH REPRESENTS A SUBSTANTIAL SAVING IN FUEL COSTS OVER SOME OTHER AREAS OF HONG KONG.+
LONG SERVICE PAYMENT PAPER REVIEWED *****
THE LABOUR ADVISORY BOARD HELD A MEETING THIS (FRIDAY) AFTERNOON AND CONSIDERED A PAPER REVIEWING THE LONG SERVICE PAYMENT PROVISIONS UNDER THE EMPLOYMENT ORDINANCE.
THE PAPER WAS COMPILED BY THE LABOUR DEPARTMENT IN THE LIGHT OF THE FIRST YEAR OPERATION OF THE SCHEME AND COMMENTS RECEIVED FROM THE PUBLIC.
AT THE MEETING, CHAIRED BY THE COMMISSIONER FOR LABOUR, MR TONY HAMMOND, BOARD MEMBERS NOTED THE VARIOUS PROPOSALS AND OPTIONS CONTAINED IN THE PAPER WHICH IS AIMED AT IMPROVING THE EXISTING LEGISLATION.
USEFUL VIEWS WERE EXCHANGED AND IN VIEW OF THE COMPLEXITY OF THE ISSUE, IT WILL BE DISCUSSED IN GREATER DETAILS AT A LATER DATE.
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