13
FRIDAY, DECEMBER 1, 1989
"THE PURPOSE OF THIS AGREEMENT IS TO
FORESTALL THE ADVERSE IMPLICATIONS POSTED BY THE 1986 U.S. TAX REFORM ACT ON THE HONG KONG SHIPPING SECTOR AND REFLECTS THE DETERMINATION OF HONG KONG TO REMAIN AS ONE OF THE WORLD'S TOP MARITIME CENTRES, PROVIDING AN EFFICIENT MANAGEMENT, OPERATION AND SHIPOWNING BASE FOR SHIPOWNERS AND SHIPPING AGENCIES, MR HALL SAID.
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AS REGARDS THE VESSEL TRAFFIC SCHEME, WHICH BECAME OPERATIONAL IN MID-OCTOBER THIS YEAR, MR HALL SAID IT WAS A MIX OF EQUIPMENT UNIQUELY TAILORED TO THE HONG KONG ENVIRONMENT.
THE SYSTEM, COSTING MORE THAN US$20 MILLION INCLUDING INSTALLATION AND TRAINING COSTS, IMPROVING THE SAFETY OF NAVIGATION AND EFFICIENCY HONG KONG WATERS.
MILLION
OF
(HONG KONG $156 WAS TASKED WITH UTILISATION OF
MR HALL WOULD
ON THE PORT AND AIRPORT DEVELOPMENT STRATEGY STUDIES, SAID THE NEW DEVELOPMENT OF THE PORT, AT A COST OF $50 BILLION, BE ONE OF THE BIGGEST SINGLE CIVIL ENGINEERING PROJECTS IN THE WORLD.
TSING THE WHOLE PROJECT. INVOLVING A NEW CONTAINER PORT AT
RECLAMATION WORKS AND AND STONECUTTERS ISLAND, CALLED FOR HUGE TRANSPORT INFRASTRUCTURE.
YI
NEW
"NOW WE HAVE A BLUEPRINT AND THE TASK AHEAD IS TO IMPLEMENT GROWING TRADE NEEDS IN AN ORDERLY, PRAGMATIC MANNER TO MEET THE OUR PORT.
IT
OF
"WE ACKNOWLEDGE THAT MANY CHALLENGES LIE AHEAD. HOWEVER, WE PROVIDE HONG ARE CONFIDENT THAT WE CAN MEET AND RESOLVE THESE AND SO KONG WITH THE PORT IT DESERVES WELL INTO THE 21ST CENTURY,"
COMMENTING ON HIS APPOINTMENT
AS MARINE ADVISER IN LONDON,
ΤΟ MY SUCCESSOR A
MR HALL SAID HE WAS "CONFIDENT THAT I AM LEAVING FIRST RATE GO-AHEAD' DEPARTMENT",
E
LADY WILSON OPENS HK'S FIRST 'CHILDREN
*
WONDERLAND'
THE CHILDREN'S PLAYGROUND IN KING'S PARK HAS PUT INTO PRACTICE THE UNITED NATIONS DECLARATION THAT "PLAY IS A CHILD'S RIGHT. ALONG WITH NUTRITION, HEALTH EDUCATION AND SHELTER" LADY WILSON SAID TODAY (FRIDAY).
•
SPEAKING AT THE OPENING CEREMONY OF THE NEWLY-REDEVELOPED CHILDREN'S PLAYGROUND AT THE KING'S PARK RISE IN HO MAN TIN. LADY WILSON SAID: "CHILDREN EVERYWHERE NEED A CHANCE TO PLAY, AS WELL TO BE EDUCATED.
AS
/"IT IS