SATURDAY, SEPTEMBER 16, 1989
FACILITIES PROVIDE "PORT. AIRPORT AND
OUR ESSENTIAL LINKS FOR
WE TOURISM AND
SHE SAID. COMMITTED TO THEIR CONTINUOUS UPGRADING AND IMPROVEMENT,
TELECOMMUNICATION TRADE. COMMERCE
THE
AND
ARE
"
SPEAKING ABOUT THE PORT FACILITIES. GOVERNMENT SHOULD SHORTLY BE IN DEVELOPMENT PROGRAMME.
A
POSITION
MRS CHAN SAID THAT THE
то
ANNOUNCE
A MASSIVE
CHAN ENVISAGED
MRS YET, WHILE DETAILS COULD NOT BE RELEASED THAT BY 2006 ALONE. IT WAS LIKELY THAT AN ADDITIONAL 420 LAND WOULD BE REQUIRED FOR CONTAINER TERMINALS AND GENERAL CARGO BERTHS.
HECTARES OF
370 HECTARES FOR
ON PORT OF IN TERMS
"CAPITAL EXPENDITURE OF THE
INFRASTRUCTURE ALONE
WILL DE
ORDER OF US $5 REQUIRED, MUCH
BILLION
от
IT
TURNING
TO
AIRPORT DEVELOPMENTS,
MRS CHAN
SAID
PRIVATE INVESTMENT, SHE SAID.
A FINAL
DECISION ON THE REPLACEMENT AIRPORT SITE WOULD BE MADE SHORTLY.
"THE REPLACEMENT AIRPORT PROJECT WOULD BE INFRASTRUCTURAL PROJECT EVER UNDERTAKEN IN HONG US$4 BILLION IN 1988 DOLLAR TERMS," SHE SAID.
LARGEST THE SINGLE KONG, COSTING SOME
FINDINGS ON FINANCIAL MRS CHAN POINTED OUT THAT CONSULTANTS'
TWO VIABILITY OF THE
ALTERNATIVES AND THE APPROPRIATE FINANCING PACKAGE AND INSTITUTIONAL ARRANGEMENTS FOR IMPLEMENTING ALTERNATIVE HAD SO FAR BEEN ENCOURAGING.
"KE EXPECT CONSIDERABLE
■
PARTICIPATION.' SHE ADDED.
BACH
SCOPE
FOR
PRIVATE
SECTOR
BOOSTER COMMITMENT TO HONG KONG,"
WILL "WE HOPED THAT THIS DECISION
BE A CONFIDENCE SINCE IT IS A VERY CLEAR DEMONSTRATION OF GOVERNMENT'S MEETING THE LONG TERM ECONOMIC AND AIR TRAFFIC NEEDS FOR SHE SAID.
MRS CHAN ALSO DWELT AT LENGTH ON HONG TELECOMMUNICATION SERVICES.
KONG'S DEVELOPMENTS IN
A GOOD FRIEND OF HONG ON CANADA, SHE SAID "CANADA HAS BEEN
GOVERNMENT WAS AMONG KONG'S". THE CANADIAN
ΤΟ THE FIRST
SIGN A THUS KONG,
ENSURING THAT SEPARATE AIR SERVICES AGREEMENT WITH HONG THESE AIR SERVICES WOULD CONTINUE UNINTERRUPTED BEYOND 1997.
CANADA AND HONG KONG HAD HONG KONG'S 13TH
GROWN STEADILY IN RECENT LARGEST TRADING PARTNER.
SHE ALSO NOTED THAT TRADE BETWEEN
YEARS
WAS AND IT
NOW
13