WEDNESDAY, OCTOBER 31, 1990
16
"I USE THE WORD OPTIMUM ADVISEDLY,'
**
HE ADDED.
CHIEF
NOTING THAT BECAUSE TIME EQUALED MONEY IN TWO WAYS, THE
BY AVOIDING THE SECRETARY SAID SPEEDY COMPLETION COULD SAVE MONEY
AN UNREALISTIC INFLATIONARY IMPACT ON COSTS, BUT ON THE OTHER HAND TARGET DATE WOULD RESULT IN CONTRACTORS BIDDING HIGHER PRICES TO COVER THE RISKS INVOLVED IN A TIGHT SCHEDULE.
"OUR PRIME
CONCERN IN COMING TO A CONCLUSION THEREFORE IS TO ENSURE SPEEDY COMPLETION MONEY," HE SAID.
ON PROGRAMMING WITH OPTIMUM VALUE
FOR
WE SHOULD HAVE FAITH IN OUR ABILITY: CS
* * * *
THE
CHIEF
SECRETARY,
THE
HON SIR
DAVID
TODAY:
NONE
FORD, SAID (WEDNESDAY) THAT IT IS VITAL THAT WE DO NOT CREATE CRISIS WHERE EXISTS BY LOSING FAITH IN OUR OWN WELL ESTABLISHED ABILITY NOT ONLY TO SURVIVE BUT TO PROSPER.
HAS COMMUNITY
A OVERCOME ANY PROBLEM WHICH
**AS SEVERAL MEMBERS HAVE POINTED OUT THIS PROVEN
RECORD OF BEING ABLE TO TRACK CONFRONTS IT.
AND THE BOUNCE GOVERNOR'S
"THOSE OF US WHO LIVED THROUGH THE DARK DAYS OF 1967, OIL CRISIS OF THE 1970'S CAN TESTIFY TO HONG KONG'S ABILITY TO BACK, SAID SIR DAVID SUMMING UP THE RESUMED DEBATE ON THE POLICY ADDRESS.
F
THE
THAT SIR DAVID SAID IT WAS A SAD REFLECTION OF THE TIMES INTERNATIONAL VIEW OF HONG KONG'S FUTURE WAS SOMETIMES MORE OPTIMISTIC THAN THAT OF OUR PEOPLE HERE.
"THERE ARE CONSIDERABLE DANGERS IN THAT, BECAUSE THE CONFIDENCE OF INTERNATIONAL INVESTORS WILL BE AFFECTED BY OUR OWN VIEW KONG'S FUTURE PROSPECTS.
HONG
IS
11
'AND INDEED HONG KONG NEEDS LOCAL AND OVERSEAS INVESTMENT IF
AS
BUSINESS ΤΟ
AN INTERNATIONAL FLOURISH TO CONTINUE MANUFACTURING CENTRE,' HE SAID.
IT
AND
WHICH
THE CHIEF SECRETARY SAID THERE COULD BE FEW GOVERNMENTS
OVER WIDE HAD MANAGED TO MAINTAIN SUCH CONSISTENT POLICY DIRECTION AREAS OF ADMINISTRATION AND FOR SUCH LONG PERIODS OF TIME AND HAD SUCH A SUCCESSFUL RECORD OF DELIVERING THE GOODS ON ITS LONG TERM AND PLANS.
TOOK
PROMISES
GRANTED
OUR
FOR WE SOMETIMES HE
THAT POINTED OUT
AND IT ACHIEVEMENTS IN SUCH FIELDS AS HOUSING, EDUCATION AND HEALTH TOOK VISITORS TO REMIND US THAT NO TERRITORY IN THE WORLD HAD TACKLED, CALLED, "THE PROBLEM OF WHAT ONE OF THE FORMER CHIEF SECRETARY PEOPLE", WITH SUCH DETERMINATION, IMAGINATION AND SUCCESS.
"JUST LOOK