2
TUESDAY, FEBRUARY 27, 1990
"So, DESPITE THE EMIGRATION LOSSES, HONG KONG WELL-EDUCATED, WELL QUALIFIED PEOPLE THAN EVER BEFORE,
MR WIGGHAM POINTED OUT THAT AUSTRALIA TODAY LARGEST FOREIGN INVESTOR IN HONG KONG'S MANUFACTURING THAT A LOT OF AUSTRALIAN FIRMS AND INDIVIDUALS MONEY IN THE TERRITORY'S FUTURE.
HAD
HAS MORT
NOW HE SAID.
FIFTH AND
WAS THE
INDUSTRY, INVESTED THEIR
"TRADE BETWEEN HONG KONG AND AUSTRALIA IN 1989 WAS WORTH AROUND US$2 BILLION. AUSTRALIA IS THE NINTH LARGEST MARKET FOR HONG KONG EXPORTS,
RB- THE 10TH LARGEST MARKET FOR HONG KONG DOMESTIC EXPORTS, THE 14TH LARGEST SOURCE OF HONG KONG IMPORTS,
11 HE SAID.
AND
"TOTAL TRADE BETWEEN AUSTRALIA AND HONG KONG HAS INCREASED PER CENT PER ANNUM OVER THE PAST FIVE YEARS.
13
"HONG KONG'S PER CAPITA IMPORTS FROM AUSTRALIA ARE CALCULATED AT AUD 243 COMPARED WITH 74 FOR JAPAN, 18 FOR THE EEC AND 15 FOR UNITED STATES, HE ADDED.
"
"So AUSTRALIA IS IMPORTANT то HONG KONG AND INCREASINGLY, HONG KONG IS SEEN AS IMPORTANT TO AUSTRALIA,"
THE
PERHAPS
MR WIGGHAM
SAID.
METROPLAN
FLEXIBLE AND OPEN * * *
THE FINAL METROPLAN WILL NEED ΤΟ KEEP LOCATIONAL OPTIONS FOR KEY COMMERCIAL
OPEN A RANGE OF AND INDUSTRIAL ACTIVITIES LET MARKET FORCES IN THIS VERY OPEN
TO ECONOMY HAVE SECRETARY FOR PLANNING, ENVIRONMENT AND LANDS, MR GRAHAM BARNES,
WIDE CHOICE, THE TODAY (TUESDAY).
SAID
MR BARNES ALSO SAID HE RECOGNISED THE NEED RESERVATIONS FOR OTHER ESSENTIAL COMMUNITY USES.
FOR FIRMER LAND
SPEAKING AT A LUNCH MEETING OF THE FEDERATION INDUSTRIES, THE
OF HONG SECRETARY
KONG SAID BEARING IN MIND REASONABLE DEGREE OF
THE NEED FOR FLEXIBILITY,
A METROPLAN WOULD BE ADMINISTRATIVE BASIS, LEAVING STATUTORY PLANS TO BE
USED ON AN MORE LOCAL DISTRICT PLANNING LEVEL.
FORMULATED AT A
HE SAID THERE WERE A NUMBER OF PRINCIPAL
COMPONENTS OF THE
METROPLAN.
THE FIRST COMPONENT WAS A STRATEGIC MR BARNES ANTICIPATED THE NEED TO BUILD AND CENTRAL
LAND-USE
KOWLOON
TERMINALS AT WEST AIRPORT TRANSPORT NETWORK WITH THE METRO TRANSPORT NETWORK.
TRANSPORT PLAN. TWO MAJOR IN-TOWN AIRPORT AS CONNECTION OF THE NEW
/THE SECOND