N
SUNDAY, MARCH 13, 1988
LATEST YEARBOOK HIGHLIGHTS DRAMATIC IMPACT OF BUILDING WORKS
* * *
IS
RELENTLESS DEVOTION HONG KONG'S DYNAMISM, AS SEEN THROUGH ITS TO THE CONSTRUCTION OF BOTH PRIVATE AND PUBLIC WORKS AND PROJECTS, THE THEME OF THE REVIEW CHAPTER OF THE 1988 HONG KONG ANNUAL REPORT.
FUTURE", THE
THE BUILDING FOR BEARING THE TITLE "HONG KONG
FRENZY OF ARTICLE PLACES EMPHASIS ON WHAT IS DESCRIBED AS "A 30-YEAR
FACE OF THE CONSTRUCTION WHICH HAS COMPLETELY TRANSFORMED THE WHOLE
OF THE REMOTER TERRITORY FROM THE CENTRAL BUSINESS DISTRICT TO SOME PARTS OF THE NEW TERRITORIES.'
THE RESULT OF THE
ALL THIS, AS AUTHOR DEREK JONES POINTS OUT, IS THE COMPLEMENTARY ROLES OF BOTH THE PUBLIC AND PRIVATE SECTORS IN OVERALL DevelopmeNT OF HONG KONG.
THE
PRIVATE
SECTOR
HAS
PROVIDED
THE
FOR THE INVESTMENT
AND FINANCE
MUCH RESIDENTIAL DEVELOPMENT OF INDUSTRY, COMMERCE,
PROVIDED THE BASIC ECONOMIC BUILDING; THE GOVERNMENT, IN TURN, HAS AND SOCIAL INFRASTRUCTURE, INCLUDING ROADS AND RAILWAYS, THE WATER SUPPLIES AND HOSPITALS.
THIS
COMBINED EFFORT
UNDERLINES
YEARS THE OVER CONFIDENCE IN THE FUTURE OF HONG KONG AND THEIR FAITH OF ITS ECONOMY AND SOCIETY, THE ARTICLE STATES.
AIRPORT,
THEIR IN THE FUTURE
REMINDED
IN THE AREA OF ECONOMIC ACTIVITY, THE READER IS HONG KONG IS A COMPLETELY OPEN ECONOMY, GUIDED BY WORLD MARKET IN ALMOST ALL THAT IT DOES.
THAT FORCES
MAKES THE TRADE IN THE BROADEST SENSE IS ITS LIFEBLOOD AND IT
WHEN SOLD IN WORLD MARKETS, GOODS OR PERFORMS THE SERVICES WHICH,
OUTSIDE BRING IN THE BEST PROFIT. LIKEWISE IT BUYS WHAT IT NEEDS FROM AS CHEAPLY AS IT CAN.
THE GROWING INTER-RELATIONSHIP OF THE ECONOMIES AND CHINA IN THE PAST FEW YEARS IS ALSO EXAMINED.
AN BY
BEEN
OF HONG KONG
END-PAPER MAP GIVING THE ARTICLE IS WELL-ILLUSTRATED
BOTH GRAPHIC, EASY-TO-READ INFORMATION ON MANY CONSTRUCTION PROJECTS,
BEING PRIVATE AND PUBLIC, THAT HAVE BUILT NOW AND INTO THE FUTURE.
RECENTLY
AND BUILT,
ARE
10 OF LAST
BOOK INCLUDES YEAR, THE FOLLOWING THE PATTERN
LIFE AND BEAUTIFUL COLOUR SECTIONS ON DIFFERENT ASPECTS OF HONG KONG ACTIVITY.
ALSO
WIDE-RANGING
TO ROUND OFF A PUBLICATION COMPRISING 380 PAGES, THERE IS EXTENSIVE
AN
STATISTICS.
SERIES
OF APPENDICES
PROVIDING USEFUL
THESE AND