THURSDAY, NOVEMBER 26, 1992
GOVERNMENT COMMITTED TO INVESTING IN INFRASTRUCTURE
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THE GOVERNMENT WILL CONTINUE TO BUILD FOR THE FUTURE INVEST IN HONG KONG'S INFRASTRUCTURE, THE FINANCIAL SECRETARY, HAMISH MACLEOD, SAID TODAY (THURSDAY).
AND MR
"AT THE SAME TIME, WE WILL CONTINUE TO STEP UP OUR EFFORTS то MEET THE HOUSING NEEDS OF THE COMMUNITY AND FULFIL OUR CONTINUING COMMITMENTS TO THE HOUSING PROGRAMME," HE ADDED.
HE WAS OFFICIATING AT THE GROUND-BREAKING CEREMONY OF THE LAND DEVELOPMENT CORPORATION'S REDEVELOPMENT PROJECT AT LI CHIT STREET,
WAN CHAI.
1997, AN AVERAGE
MR MACLEOD POINTED OUT THAT BETWEEN NOW AND OF OVER 100 NEW FLATS WOULD BE BUILT EVERY DAY BY THE HOUSING AUTHORITY AND THE HOUSING SOCIETY.
FURTHERMORE, ALL URBAN SQUATTERS ON GOVERNMENT LAND WOULD BE REHOUSED BY MARCH 1996 AND ALMOST THREE-QUARTERS OF THOSE LIVING IN EXISTING TEMPORARY HOUSING AREAS WOULD BE REHOUSED BY 1997, HE SAID.
MEANWHILE, HE SAID, THE GOVERNMENT WOULD BE LAUNCHING A NEW MIDDLE-INCOME HOUSING SCHEME TO BENEFIT ABOUT 13,000 FAMILIES IN THE SANDWICH CLASS BY 1997.
"BEFORE THE FLATS FROM THE NEW SCHEME BECOME AVAILABLE, WE WILL BE BUYING FLATS FROM THE PRIVATE SECTOR TO SELL TO THE SANDWICH CLASS AT AFFORDABLE PRICES.
"THIS SCHEME SHOULD GO A LONG WAY IN EASING THE HOUSING PROBLEMS OF THIS PARTICULAR INCOME GROUP WHO FACE SPECIAL DIFFICULTY IN REALISING THEIR AMBITION TO BUY THEIR OWN HOME,' MR MACLEOD SAID.
"
THE FINANCIAL SECRETARY ALSO STRESSED THE COMPREHENSIVE URBAN REDEVELOPMENT TO UPGRADE HONG INFRASTRUCTURE AND TO PROVIDE A MORE COMFORTABLE HOME AND IMPROVED ENVIRONMENT FOR THOSE CURRENTLY LIVING IN DILAPIDATED AREAS.
HE CITED AN EXAMPLE THAT HEIGHT RESTRICTIONS WERE IMPOSED ON BUILDINGS IN KOWLOON PRIMARILY BECAUSE OF REQUIREMENTS.
"ONCE THE KAI TAK AIRPORT HAS BEEN RELOCATED TO CHEK THESE RESTRICTIONS ARE LIKELY TO BE LIFTED.
"AS A RESULT, THIS WOULD OPEN UP CONSIDERABLE AND REDEVELOPMENT OPPORTUNITIES.
NEED FOR
KONG'S GENERALLY
OLD AND
CURRENTLY AVIATION
LAP
кок,
NEW DEVELOPMENT
"THIS WOULD IN TURN REINFORCE THE NEED FOR A COMPREHENSIVE PROGRAMME OF RENEWAL WITHIN THE EXISTING URBAN AREAS IN ORDER TO FACILITATE THE REDEVELOPMENT PROCESS. HE SAID.
HE SAID IN THIS RESPECT THE LAND DEVELOPMENT CORPORATION ALONG WITH OTHER AGENTS AND THE PRIVATE SECTOR WOULD HAVE A ROLE TO PLAY.
/THE LI
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