MR POPE STATED THAT IN ORDER TO MEET
TOTAL OF SEVEN SITES
COMMITMENT, A TENDERED.
FRIDAY, MARCH 22, 1991
THE COMPRISING
ONGOING
5.08
LETTER
WILL HA
A/B
BE
THE SITES ARE SITUATED THROUGHOUT THE NEW IN TSUEN WAN, AND THE REMAINING IN TSEUNG KWAN 0, FANLING AND SHA TIN.
TWO
TERRITORIES 'TAI PO, YUEN LONG,
THESE SITES WILL HAVE THE OPTION OF
LETTER B" TENDER,
THE
PURCHASERS OF
SUBMITTING EITHER A VINTAGE OR A "MONETISED PRIORITY BEING GIVEN TO THE FORMER.
HE ADDED THAT THE SITES WILL EQUATE TO A LETTER FEET OF ABOUT 1.3 MILLION SQUARE ABOUT SIX MILLION SQUARE FEET.
B
WITH
REDEMPTION
AGAINST A CURRENT COMMITMENT OF
IN 1983, WHEN LETTER B CEASED ΤΟ BE ISSUED,
CONFIDENT COMMITMENT WAS 35 MILLION SQUARE FEET AND HE IS TOTAL WOULD BE FULLY REDEEMED WITHIN THREE YEARS.
TOTAL THE
THAT THE
REVENUE
THE MR POPE SAID
ANTICIPATED REVENUE FROM THE LAND SALES
THE SIMILAR TO PROGRAMME AMOUNTED TO $4.07 BILLION WHICH IS RECEIVED IN 1990/91 OF $4.04 BILLION.
1990/91
THAT
IN REDUCTION
IN HE SAID THE REASON FOR THE
REVENUE
FACT SOLELY DUE TO THE AGAINST THE ESTIMATES ($5.8 BILLION) IS THE REVENUE FOR CONTAINER TERMINAL 8 WILL BE RECEIVABLE IN 1991/92.
ΤΟ MR POPE SAID HE CONSIDERED THIS
BE A BALANCED PROGRAMME NEEDS, BUT THAT WILL PROVIDE FOR HOUSING, INDUSTRIAL AND COMMERCIAL PROGRAMME IS ONLY REITERATED THE POINT THAT THE SALES
PROVISIONAL
AND CAN BE SUBJECT TO CHANGE.
FURTHER DETAILS AND DATES WILL AND MAJOR NEWSPAPERS IN THE USUAL WAY.
BE
PUBLISHED IN THE GAZETTE
YEAR ARE MURRAY
COPIES OF THE TENTATIVE LAND SALES PROGRAMME FOR THE AVAILABLE FROM THE BUILDINGS AND LANDS DEPARTMENT, 14TH FLOOR,
OF THE DISTRICT LANDS BUILDING, GARDEN ROAD, HONG KONG OR FROM ANY OFFICES.
AUTHORISATION SOUGHT FOR AIRPORT RECLAMATION AND ASSOCIATED WORKS
*
* *
REVISE WHICH IT IS FOR THE NEW
A NOTICE APPEARING IN THE GAZETTE TODAY (FRIDAY) WILL THE BOUNDARY OF THE AREA OF FORESHORE AND SEABED WITHIN PROPOSED THAT RECLAMATION AND OTHER ASSOCIATED WORKS AIRPORT AT CHER LAP KOK WILL BE CARRIED OUT.
A SPOKESMAN FOR THE WORKS BRANCH EXPLAINED THAT THE NEW AREAS INVOLVED COVERED 112 HECTARES ON THE NORTHERN SIDE OF THE NEW AIRPORT AND 385 HECTARES TO THE EAST OF IT.
/IT WAS