MONDAY, MAY 21, 1990
- 1.
INTERNATIONAL PARTNERSHIP BENEFITS HONG KONG: SES
HONG KONG LOOKS FORWARD TO A CONTINUATION OF THE FRUITFUL PARTNERSHIP WITH INTERNATIONAL INVESTORS WHO HAVE HELPED MAKE IT' WHAT IT IS
MRS TODAY, THE SECRETARY FOR ECONOMIC SERVICES, SAID IN NEW YORK TODAY (MONDAY).
CORPORATE CONFERENCE ORGANISED
ANSON
CHẤN,
BY THE ASIA
SPEAKING AT SOCIETY, MRS CHAN OUTLINED THE FUTURE PORT AND AIRPORT PROJECTS AND HIGHLIGHTED OPPORTUNITIES FOR INTERNATIONAL PARTICIPATION.
"HONG KONG PEOPLE AND AMERICANS HAVE A NOSE FOR OPPORTUNITIES.
A IN TERMS OF OUR AIRPORT PROJECT, AMERICAN FIRMS HAVE ALREADY STOLEN MARCH ON OTHER COMPETITORS BY SECURING THE TWO MAJOR CONSULTANCIES LET SO FAR AND I AM SURE YOU WILL PURSUE OTHER OPPORTUNITIES WITH EQUAL VIGOUR, SHE SAID.
SHR EMPHASISED, HOWEVER, THAT HONG KONG OPERATED A LEVEL PLAYING FIELD FOR ALL ITS PROJECTS AND FOR ALL ITS INVESTORS.
"HISTORICALLY WE HAVE GIVEN NO SPECIAL INCENTIVES TO EITHER OR OVERSEAS CONCERNS.
THE SELECTION IS BASED ON THE MERITS OF
LOCAL PROPOSALS.
"IT IS THEREFORE IMPORTANT FOR COMPANIES PARTICIPATING IN OUR INFRASTRUCTURAL PROJECTS TO PUT AND COMPETITIVE PROPOSALS, SHE POINTED OUT.
tr
INTERESTED IN
IN IMAGINATIVE
AIRPORT, THE GOVERNMENT
MRS CHAN NOTED THAT FOR THE FUTURE INTENDED THAT PRIVATE SECTOR PARTICIPATION SHOULD BE MAXIMISED AND THE ROLE FOR GOVERNMENT RED TAPE MINIMISED.
77
"THIS IS WHERE THE ADVANTAGES OF AN AIRPORT AUTHORITY SHOULD ITS COME INTO PLAY, SHE SAID, ADDING THAT THE AUTHORITY WOULD EMPLOY OWN STAFF, LET ITS OWN CONTRACTS AND BUILD AND OPERATE THE NEW AIRPORT.
"AS
EACH COMPONENT PROJECT DEVELOPS, EXPRESSIONS OF INTEREST AND DETAILED PROPOSALS FOR PARTICIPATION BY THE PRIVATE SECTOR WILL BE INVITED."
SHE SAID THE GOVERNMENT ENVISAGED A
OF NUMBER
SPECIFIC CONSULTANCIES INCLUDING THE MASTER PLAN CONSULTANCY AWARDED TO GREINER AND THE APPOINTMENT OF BECHTEL AS PROJECT MANAGER.
"AT
THE SAME TIME WE INTEND THERE TO BE INDIVIDUAL FINANCIAL AND THE CONSULTANCIES FOR THE AIRPORT, THE RAIL LINK TO THE AIRPORT
THE FIXED CROSSING FROM THE MAINLAND TO LANTAU ISLAND ON WHICH AIRPORT WILL BE BUILT, SHE SAID.
ADDITION, IN
NEW
LOCAL
A LARGE NUMBER OF ENGINEERING FEASIBILITY, INVESTIGATION AND DESIGN STUDIES WOULD REQUIRE BOTH FOREIGN AND EXPERTISE, SHE SAID.
/"THE AIRPORT