7
THURSDAY, JUNE 10, 1993
"ALL THAT COMES UNDER THE AIRPORT CORE PROGRAMME IN A SERIES OF THR INTERLINKED PROJECTS COSTING A TOTAL OF $164 BILLION IN MONEY OF DAY, HE SAID.
FI
AT THE SAMB EXPANDED TO ENSURE BUSIEST CONTAINER PORT,
TIME, HE SAID, THE PORT WAS THAT HONG KONG MAINTAINED
ITS
CONSTANTLY
RANKING AS
BEING
THE
CONTAINER
BE WILL
WE
ON
ARE
"WE TERMINAL 9 LANTAU,
BUILD ARE GEARING UP FOR THE PRIVATE SECTOR TO
AND THEN FOR CONTAINER TERMINAL 10 WHICH AND SERVED BY THE HIGHWAYS AND BRIDGES THAT CONSTRUCTING AS PART OF THE AIRPORT CORE PROGRAMME.
+
"WE ARE ALSO STARTING ON A SECTION OF ROUTE 3. A MAJOR HIGHWAY THAT WILL RUN RIGHT UP TO THE BORDER WITH CHINA," HE SAID.
STRATEGY,
IN ADDITION, THERE WAS THE NEW RAILWAY DEVELOPMENT
AND AND OTHER VAST INFRASTRUCTURE PROJECTS SUCH AS A SEWAGE STRATEGY
AROUND THE THE MAJOR DEVELOPMENT THAT WOULD BE TAKING PLACE ON AND
ΤΟ PRESENT AIRPORT SITE AT KAI TAK ONCE THE AIRPORT ITSELF HAD MOVED CHEK LAP KOK, MR MACLEOD POINTED OUT.
HE FURTHER NOTED THAT AIRPORT CONSTRUCTION CONTRACTS WORTH OVER HK$34 BILLION HAD BEEN AWARDED BY THE GOVERNMENT AND THE PROVISIONAL AIRPORT AUTHORITY (PAA) AND THEY WERE ALL WITHIN BUDGET ESTIMATES ON SCHEDULE FOR COMPLETION ON TIME.
AND
"THAT SPEAKS WELL FOR THE FEASIBILITY AND COST-EFFECTIVENESS OF THE PROGRAMME, HE SAID.
T
AMONG THE MANY OVERSEAS CONTRACTORS WHO HAD WON THE CONTRACTS,
$34 WITH THE LARGEST SHARE AT 21 PER CENT OF THE
BILLION LED AUSTRALIA FIGURED IN THE TOP 10 COUNTRIES WITH NEARLY FIVE CENT, HE POINTED OUT.
JAPAN WHILE
PER
ARE
"IT IS IMPORTANT THAT WE MAINTAIN THE MOMENTUM, AS REQUIRED TO DO BY THE SINO-BRITISH MEMORANDUM
THE WE SHOULD COMPLETE THE PROGRAMME TO WHICH SAYS POSSIBLE BY JUNE 1997.
INDEED WE OF UNDERSTANDING,
MAXIMUM
EXTENT
"TO
M
LINES THIS END WE ARE CURRENTLY PURSUING TWO PARALLEL ACTION, HE SAID.
OF
FIRST, HE
WE WERE CONTINUING SAID,
PRIMARY TARGET REACHING AGREEMENT WITH THE CHINESE ON FINANCING ARRANGEMENTS FOR AIRPORT AND AIRPORT RAILWAY.
OUR
OF
THE
"THERE WAS A MEETING OF THE AIRPORT COMMITTEE LAST INFORMAL CONTACTS ARE CONTINUING, FOCUSING ON VARIATIONS ON FINANCING PROPOSALS.
WEEK,
AND PREVIOUS
"LET US HOPE WE CAN MOVE AHEAD IN THIS SERIES OF REACH THE AGREEMENT WE ALL WANT,' HE SAID.
TALKS
AND
"
SECONDLY,
PARALLEL
FOR
WITH THAT, THE GOVERNMENT WAS ASKING THE FINANCE COMMITTEE TO VOTE FURTHER INTERIM FUNDING OF $564 MILLION THE PAA, HE SAID.
/THE PAA