11

WEDNESDAY, MAY 4, 1988

ENTHUSIASM MUST NOT OUTSTRIP RESOURCES

IN THE

SUPPORT THEM,

LEGISLATIVE

THE THE

ENTHUSIASM FOR MAJOR NEW PROJECTS MUST NOT OUTSTRIP ABILITY OF THE ECONOMY OR GOVERNMENT RESOURCES TO FINANCIAL SECRETARY, THE HON PIERS JACOBS, COUNCIL TODAY WEDNESDAY).

SAID

THE

OBSERVATIONS DEVELOPMENT

HE MADE THIS REMARK WHEN WELCOMING MEMBERS AS TO THE IMPORTANCE OF INFRASTRUCTURAL NEEDED TO SUPPORT THE CONTINUING DEVELOPMENT OF THE ECONOMY.

ARE WELL

OF

SOME

PROJECTS

UNDERWAY,"

"THE VARIOUS AIRPORT CONSULTANCY STUDIES MR JACOBS SAID IN WINDING UP DEBATE ON THE APPROPRIATION BILL 1988.

"BY THE

THIS YEAR. END OF

THE FINDINGS ON TAK AND THE NEED AND DEVELOPMENT POTENTIAL OF KAI REPLACEMENT AIRPORT WILL BE AVAILABLE.

"OTHER STUDIES ON POSSIBLE LOCATIONS

CONTINUING."

**

REGARDS AS

THE ULTIMATE TIMING FOR A

FOR A NEW AIRPORT ARE

THE COMPLETION

OF

DOUBLE EXISTING HANDLING

LATER IN THE YEAR ON THE OUR EXPANDING

PORT DEVELOPMENT, HE SAID CONTAINER TERMINAL 7 IN 1993 WOULD ROUGHLY CAPACITIES.

"WE WILL NEED TO TAKE A DECISION

SITING OF TERMINALS 8 AND 9 IN ORDER TO KEEP PACE WITH PORT TRADE, HE SAID.

Fl

"THERE IS NO DOUBT THAT WE WILL NEED TO INVEST HEAVILY IN PORT AND AIRPORT DEVELOPMENT IF OUR ECONOMY IS TO CONTINUE TO GROW.

BOTH

"I

INVOLVED "THE STUDIES NOW UNDERWAY WILL ENSURE THAT THE ISSUES

RIGHT DECISIONS TO BE ARE ADDRESSED THOROUGHLY SO AS TO ENABLE THE MADE AT THE RIGHT TIME.

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