FRIDAY, OCTOBER 23, 1992
16
ANOTHER AIRPORT CORE PROGRAMME CONTRACT AWARDED
-
THE GOVERNMENT HAS AWARDED A $205.3 MILLION CONTRACT TO FRANKI AOKI JOINT VENTURE TO RELOCATE THE HONG KONG FERRY SHIPYARD FACILITY FROM ITS EXISTING SITE AT TAI KOK TSUI TO A NEW SITE NAMED NGAU КОК WAN ON THE NORTHERN SHORE OF TSING YI ISLAND.
THE RELOCATION OF THE SHIPYARD IS REQUIRED TO MAKE WAY FOR THE WEST KOWLOON RECLAMATION, ONE OF THE 10 KEY PROJECTS UNDER THE AIRPORT CORE PROGRAMME (ACP).
THE WORKS WILL INCLUDE THE CONSTRUCTION OF A FULLY OPERATIONAL SHIPYARD, WHICH WILL BE EQUIPPED WITH A SHIPLIFT AND SHIP TRANSFER SYSTEM, TOGETHER WITH ANCILLARY BUILDINGS SUCH AS OFFICES, TRANSFORMER ROOM AND CONTROL ROOM.
THE CENTRAL TENDER BOARD YESTERDAY (THURSDAY) APPROVED THE AWARD OF THE FIXED PRICE LUMP SUM CONTRACT TO THE HONG KONG JAPANESE CONSORTIUM, WHICH SUBMITTED THE LOWEST TENDER, AFTER CONSIDERING SIX BIDS WHICH RANGED FROM $205.3 MILLION TO $267.1 MILLION.
THIS BRINGS THE TOTAL NUMBER OF GOVERNMENT-FUNDED CONTRACTS AWARDED ON THE ACP TO 19, WITH A TOTAL VALUE OF OVER $19 BILLION, SAID A GOVERNMENT SPOKESMAN.
"ALL 19 CONTRACTS WERE AWARDED WITHIN THE GOVERNMENT'S ESTIMATES, HE SAID.
WORKS WILL START IN MID NOVEMBER AND IS EXPECTED ΤΟ BE COMPLETED IN ABOUT 16 MONTHS.
RETIREMENT PROTECTION PROPOSALS ANNOUNCED
A CONSULTATION PAPER CONTAINING PROPOSALS FOR A RETIREMENT PROTECTION PUBLIC CONSULTATION.
COMMUNITY-WIDE
SYSTEM HAS BEEN PUBLISHED FOR THREE MONTHS'
PRESS
JOHN PUBLIC
OUTLINING THE MAJOR RECOMMENDATIONS AT A
CONFERENCE
MR MANPOWER, THE SECRETARY FOR EDUCATION AND TODAY (FRIDAY), CHAN, EMPHASISED THAT THE PROPOSALS WERE BEING PUT FORWARD FOR COMMENT ONLY AT THIS STAGE, AND AS YET NO DECISIONS HAD BEEN TAKEN.
THE CONSULTATION PAPER WAS PREPARED BY THE
INTER-DEPARTMENTAL
WORKING GROUP ON RETIREMENT PROTECTION.
HE SAID THE NEW SYSTEM WAS DESIGNED TO PROTECT THE OF ALL FULL-TIME EMPLOYEES AFTER RETIREMENT.
LIVELIHOOD
"IT
WHICH
A SYSTEM IS NOT A CENTRAL PROVIDENT FUND, BUT IS RATHER
ARE OPERATED BY UNDER
PRIVATE INDIVIDUAL RETIREMENT SCHEMES
AS IS BANKS, TRUSTEES, INSURANCE COMPANIES OR INDIVIDUAL EMPLOYERS, THE CASE AT PRESENT, MR CHAN SAID.
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