ON
WEDNESDAY, FEBRUARY 26, 1992
"NEVERTHELESS, IN RESPONSE ΤΟ PUBLIC SUGGESTIONS, THE CORPORATION IS NOW REVIEWING THE ARRANGEMENTS IN THE TSA AND THEIR IMPACT ON THE LRT SYSTEM, AND HOPES TO HAVE PRELIMINARY FINDINGS AVAILABLE IN THE NEXT FEW MONTHS," HE SAID.
ON FUTURE DEVELOPMENTS, MR LEUNG SAID THREE LRT REGIONAL EXTENSIONS IN TUEN MUN WERE PUT INTO SERVICES IN NOVEMBER LAST YEAR AND EARLY THIS MONTH TO MEET THE INCREASE IN TRAFFIC DEMAND IN THE NORTHWEST NEW TERRITORIES.
"THE TIN SHUI WAI LINK IS UNDER CONSTRUCTION AT A COST OF $150 MILLION. ITS COMMISSIONING EARLY NEXT YEAR WILL ADD ANOTHER 2.7 KM TO THE LRT SYSTEM.
"IN THE LONGER TERM, THE POSSIBILITY OF BUILDING A RAILWAY LINKING THE NORTHWEST NEW TERRITORIES WITH THE URBAN AREAS IS BEING CONSIDERED AS PART OF GOVERNMENT'S RAILWAY DEVELOPMENT STUDY NOW IN PROGRESS. ITS FINDINGS WILL BE AVAILABLE EARLY NEXT YEAR.
CORE:
MR LEUNG SAID THE CORPORATION HAD RECENTLY EMPHASISED ITS VALUES OF A CUSTOMER-ORIENTED SERVICE BASED ON QUALITY, PRODUCTIVITY AND EFFECTIVE COMMUNICATIONS WITH PASSENGERS AND THE COMMUNITY,
"I AM SURE THAT THE CORPORATION WILL CONTINUE TO RISE TO THE CHALLENGE OF MEETING THE EVER INCREASING CUSTOMER DEMANDS AND EXPECTATIONS IN THE FUTURE," HE SAID.
GOVT TO CONSIDER PRIVATISING KOR
OF
THE GOVERNMENT IS CONSIDERING AT PRESENT THE POSSIBILITY PRIVATISING ONLY THE KOWLOON CANTON RAILWAY (KCRC), THE SECRETARY FOR THE TREASURY, MR YEUNG KAI-YIN, INFORMED THE LEGISLATIVE COUNCIL TODAY
Į WEDNESDAY).
IN A WRITTEN REPLY TO A QUESTION BY THE HON DAVID LI KWOK-PO, MR YEUNG SAID A GREAT DEAL OF WORK WOULD NEED TO BE DONE BEFORE ANY DECISION COULD BE TAKEN.
MR YEUNG POINTED OUT THAT IT WOULD BE NECESSARY, FOR EXAMPLE, TO CONSIDER HOW AND TO WHAT EXTENT THE BUSINESS OF THE KCRC MIGHT BE REGULATED BY THE GOVERNMENT, SO THAT THE PUBLIC INTEREST MIGHT BE SAFEGUARDEN.
HE ADDED THAT IT WOULD ALSO BE NECESSARY TO CONSIDER THE GOVERNMENT'S FINANCIAL OBJECTIVES.
CAREFULLY
ONLY WHEN ALL THESE COMPLEX POLICY ISSUES HAVE BEEN FULLY CONSIDERED WOULD THE GOVERNMENT BE IN A POSITION TO DECIDE WHETHER NOT TO TAKE THE ACTUAL STEPS LEADING TO PRIVATISATION.
OR
/FOR EXAMPLE