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THURSDAY, OCTOBER 20, 1988
THREE MAIN FACTORS TAKEN INTO CONSIDERATION: FS
* * * * *
AMOUNT
DISCUSSION THAT HAS AN EXPO IN HONG THE GOVERNMENT SHOULD GIVE THE FINANCIAL SECRETARY,
TODAY LEGISLATIVE
PUBLIC OF HAVING REGARD TO THE TAKEN PLACE IN RELATION TO THE PROPOSAL OF HOSTING KONG IN 1997, IT IS ENTIRELY RIGHT THAT THE MATTER FULL AND SERIOUS CONSIDERATION, THE HON PIERS (THURSDAY).
JACOBS,
SAID IN
THE
PROPOSAL
THREE
COUNCIL
PROPOSAL, MR JACOBS
HAD FACTORS
BEEN
MAIN
WINDING UP THE MOTION DEBATE ON THE EXPO
THE SAID THAT IN EXAMINING UPPERMOST IN THE MIND OF THE ADMINISTRATION.
THE FIRST FACTOR WAS WHETHER HOSTING AN EXPO WAS ESSENTIAL, JUST DESIRABLE, IN THE OVERALL INTERESTS OF HONG KONG.
NOT
THE OTHER FACTORS WERE BUDGETARY CONSTRAINTS AND THE EFFECT ECONOMIC DEVELOPMENTS.
ON
TO DIFFICULT "IN THE RUN-UP TO 1997, IT IS ECONOMY WILL PERFORM, VULNERABLE AS WE ARE TO EXTERNAL DEGREE OF CAUTION IS THEREFORE ALWAYS NECESSARY,
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ΤΟ A NUMBER OF MAJOR "HONG KONG WILL BE HEAVILY COMMITTED
AHEAD, IN ADDITION TO THE INFRASTRUCTURAL PROJECTS OVER THE YEARS CURRENT COMMITMENTS TO
SOCIAL SERVICES, OUR PROGRAMMES IN HOUSING, EDUCATION AND SO ON.
PREDICT HOW
INFLUENCES.
THE A
MR JACOBS SAID.
"IF WE WERE
TO
ACCOMMODATE EXPO, IT IS
ALTER THE ALMOST
TIMING INEVITABLE
PROJECTS OF VARIOUS THAT SOME WITH A
ΤΟ HIGH
PRIORITY WOULD HAVE TO BE DEFERRED.
THAT
COST ABOUT $7 WHICH COULD HAD BEEN
THE PROJECT WOULD MR JACOBS ESTIMATED BILLION, WHICH, HE SAID, WAS NOT A SMALL AMOUNT OF MONEY BE EASILY FITTED INTO HONG KONG'S CONSTRUCTION PROGRAMME AS SUGGESTED.
COST OF
TUEN THE
THE
MUN HOSPITAL, "IT IS THE EQUIVALENT EASTERN HOSPITAL AND THE SECOND HARBOUR TUNNEL ALL ADDED TOGETHER," HE SAID.
WE ARE AT PRESENT
WHAT THAT REMEMBER "IT IS IMPORTANT TO PLANNING WILL BE OF LONG-TERM BENEFIT TO HONG KONG.
IN ITSELF IS OF THE BENEFITS ARE
"TO INTERRUPT OUR PLANS WITH A PROJECT THAT TO WHICH SHORT-TERM DURATION AND IN RELATION UNCERTAIN IS OF DOUBTFUL WISDOM, HOWEVER PRAISEWORTHY THE MOTIVATION."
MR JACOBS SAID AN OVERLOADED ECONOMY COULD HIGHER INFLATION RATE WITH ALL THE PAIN THAT COULD ENTAIL.
WELL RESULT IN
A
"I DO ...