14

:

b.

WEDNESDAY, OCTOBER 9, 1991

IN

CO-OPERATION WITH THE LEGISLATIVE

COUNCIL'S

THE

COMMITTEE, SIR DAVID SAID THE ADMINISTRATION MUST LOOK FOR PROVIDE

PUBLIC

THE WITH BETTER VALUE IN

PROVISION SERVICES IN PARTICULAR, THROUGH IMPROVEMENTS IN THE PRODUCTIVITY THE CIVIL SERVICE.

FINANCE WAYS

ΤΟ

OF PUBLIC

OF

SERVICES NOTED.

'THE COMMUNITY HAS A RIGHT TO EXPECT THAT

SHOULD BE COMBINED WITH PRUDENT

FINANCIAL

AIGHER

PLANNING,

QUALITY

"I

HE

PHYSICAL DEVELOPMENT A MUST FOR HK

THE

SAID HONG

GOVERNOR, SIR DAVID WILSON, TODAY (WEDNESDAY) KONG BOTH CAN AND MUST AFFORD MASSIVE PHYSICAL DEVELOPMENT PROJECTS IN THE TERRITORY.

POLICY

ITS

SPEAKING ON THE TERRITORY'S PHYSICAL DEVELOPMENT IN HIS ADDRESS, SIR DAVID SAID THE GOVERNMENT, OF COURSE, NEEDED TO PLAN FINANCING OF THESE AND OTHER MAJOR PROJECTS PRUDENTLY.

HE

THAT STRESSED RIGOROUSLY MONITORED.

COSTS MUST BE

AND CONTROLLED,

BUDGETS

"BUT

TOTAL

IT IS WORTH REMEMBERING THAT OUR CURRENT EXPECTATION THAT THE AIRPORT CORE PROGRAMME WILL ABSORB ONLY ABOUT ONE-QUARTER

DURING THE SIX YEARS NEEDED CAPITAL EXPENDITURE OUR

IS

OF

FOR

CONSTRUCTION,' SIR DAVID SAID.

THIS LEVEL OF EXPENDITURE WOULD BE THE EQUIVALENT OF ABOUT PER CENT OF ANNUAL GDP OVER THE SAME PERIOD.

TWO

"THIS IS ONLY A LITTLE HIGHER THAN THE CORRESPONDING FIGURE FOR THE MTR DURING THE PERIOD OF ITS CONSTRUCTION," HE NOTED.

THE

ON

NEW AIRPORT PROJECT, HE SAID THE MEMORANDUM UNDERSTANDING SIGNED WITH CHINA LAST MONTH MEANT HONG KONG COULD FORWARD WITH CONFIDENCE TO THE NEXT STAGE OF THE PROJECT.

OF

MOVE

HE CONSULTANCY MONTHS.

SAID THE NEW AIRPORT MASTER PLAN AND THE CRUCIAL

FOR THE

FINISHED WITHIN AIRPORT WOULD BOTH

BE

FINANCIAL THREE

THE AIRPORT ITSELF, AND THE RAILWAY, MAJOR ROADS THAT WOULD

IT TO THE URBAN AREAS, TOGETHER MAKE LINK CALLED THE AIRPORT CORE PROGRAMME.

AND BRIDGES UP WHAT WAS

SIR DAVID SAID A GOOD DEAL OF PROGRESS HAD ALREADY WITH THIS CORE PROGRAMME.

TENDERS

SITE

BEEN MADE

THE

1,200

WOULD SOON BE INVITED FOR THE CONTRACT TO RECLAIM AIRPORT

OF OVER THE SITE WOULD COVER AN AREA ITSELF. HECTARES. THIS WAS LARGER THAN THE WHOLE OF KOWLOON SOUTH OF BOUNDARY STREET.

/MEANWHILE, THE

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