I
N
MONDAY, APRIL 29, 1991
SHOULD
ON THE CONTINUING EFFORT OF THE BANK SUPERVISORS то ENHANCE THEIR SUPERVISORY TECHNIQUES, HE SAID: "NEW STATISTICAL RETURNS AND AN ENHANCED COMPUTER SYSTEM WHICH RECENTLY CAME INTO OPERATION SIGNIFICANTLY IMPROVE THE SPEED AND DEPTH WITH WHICH OUR WORK IS CONDUCTED."
THE REPORT ALSO PRESENTS THE BACKGROUND ΤΟ A NUMBER OF SUPERVISORY POLICY ISSUES CONSIDERED DURING 1990. SEVERAL OF THESE WERE REFLECTED IN THE BANKING (AMENDMENT) (NO. 2) BILL 1991 PUBLISHED LAST FRIDAY (APRIL 26). THESE INCLUDE CHANGES TO THE REGIME FOR OF LIMITING LARGE LOAN EXPOSURES, AND TO VETTING CHANGES OF OWNERSHIP HONG KONG BANKS.
THE REPORT IS AVAILABLE FROM THE GOVERNMENT PUBLICATIONS CENTRE AT GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL AT $27 PER COPY.
CONTRACT FOR ISLAND EAST REFUSE TRANSFER STATION SIGNED * * * * *
(EPD) TODAY (MONDAY) TRANSFER STATION CO. LTD TO PERIOD OF 15 YEARS, A REFUSE
THE ENVIRONMENTAL PROTECTION DEPARTMENT AWARDED A CONTRACT TO THE ISLAND EAST DESIGN, CONSTRUCT AND OPERATE FOR A TRANSFER STATION AT CHAI WAN.
EAST TRANSFER STATION COMMISSIONED
THE ISLAND THE FACILITY, TO BE NAMED (IETS), WILL BE THE SECOND REFUSE TRANSFER STATION TO BE BY THE EPD.
STATION THE FIRST REFUSE TRANSFER
AT KOWLOON BAY HAS BEEN OPERATING SATISFACTORILY FOR ABOUT A YEAR. UNDER THE CURRENT PLANNING,
THE NEXT THE EPD WILL DEVELOP SIX MORE REFUSE TRANSFER STATIONS OVER FEW YEARS.
SPEAKING AT THE CONTRACT SIGNING CEREMONY, THE DEPARTMENT'S MR MIKE STOKOE, SAID ASSISTANT DIRECTOR (WASTE AND WATER POLICY), REFUSE DELIVERED TO THE TRANSFER STATION BY URBAN COUNCIL REFUSE COLLECTION VEHICLES WOULD BE
INTO SEALED CONTAINERS AND THEN TRANSPORTED BY SEA IN BULK TO ONE OF THE LARGE LANDFILLS NEW TERRITORIES USING PURPOSE-BUILT CONTAINER SHIPS.
COMPACTED
IN THE
UNDER VERY TRANSPORT THE TRAFFIC
OPERATE "THE TRANSFER STATION WILL BE REQUIRED TO
A MARINE HIGH ENVIRONMENTAL STANDARDS AND THE ADOPTION OF SYSTEM WILL FURTHER ENHANCE THE OPERATION BY ELIMINATING CONGESTION AND ENVIRONMENTAL NUISANCE CAUSED BY A ROAD TRANSPORT SYSTEM.
"OPERATION AT THE TRANSFER STATION, WHICH WILL HAVE A
WILL BE TO PROCESS 1,200 TONNES OF REFUSE DAILY,
TOTALLY THAT THERE IS NO AND ODOUR REMOVAL EQUIPMENT WILL ENSURE CAUSED TO NEIGHBOURING PROPERTIES, HE SAID.
"
CAPACITY ENCLOSED, NUISANCE
/"THE TRANSFER