FRIDAY, MARCH 25, 1994
MILESTONE FOR DRAINAGE SERVICES IN HK
THE
ARRANGEMENT
TACKLE
OPERATION OF SEWAGE SERVICES UNDER A TRADING FUND WILL ALLOW
(DSD) THE DRAINAGE SERVICES DEPARTMENT PROBLEM THE
OF WATER POLLUTION MORE
EFFECTIVELY
то AND
ECONOMICALLY.
THIS WAS STATED BY THE SECRETARY FOR WORKS, MR JAMES BLAKE, TODAY (FRIDAY).
MR BLAKE AND THE DIRECTOR OF DRAINAGE SERVICES, MR SIU CHUEN, SIGNED A FRAMEWORK AGREEMENT WHICH SETS OUT THEIR RESPECTIVE ROLES AND RESPONSIBILITIES FOR MANAGING THE SEWAGE SERVICES TRADING FUND.
"TODAY'S CEREMONY MARKS AN IMPORTANT STEP FORWARD FOR THE
SERVICES DEPARTMENT
AND (DSD), ITS STAFF
THE PEOPLE OF
WHO KONG
ARE CONCERNED AT THE GROWING
OF PROBLEM
WATER POLLUTION," HE NOTED.
DRAINAGE HONG
THE LEGISLATIVE COUNCIL ON MARCH 9 APPROVED THE ESTABLISHMENT OF THE SEWAGE SERVICES TRADING FUND IN THE DSD.
то
DIRECTOR THE
OF DRAINAGE SERVICES WAS DESIGNATED GENERAL OF THE TRADING MANAGER
AND FUND ON MARCH 11
HE IS CONSEQUENTLY PERFORMANCE THE SECRETARY FOR WORKS FOR THE RESPONSIBLE
OF THE
TRADING FUND.
"FOR MY PART, I AM REQUIRED TO CO-OPERATE WITH THE DIRECTOR AGREEING PERFORMANCE STANDARDS AND ASSESSING THAT PERFORMANCE.
IN
"1
AM 1
REQUIRED TO APPROVE A BUSINESS PLAN DIRECTOR WILL HAVE TO OPERATE.
WITHIN WHICH
THE
"IN
RESPONSIBLE ADDITION, THE DIRECTOR WILL BE PERSONALLY THE LEGISLATIVE COUNCIL AND TO THE PUBLIC FOR THE PERFORMANCE OF FUND,' MR BLAKE EXPLAINED.
"
то
THE
THE
EARMARKED INFRASTRUCTURE WORKS.
FOR THE
HIGH
ON THE OPERATIONS OF THE TRADING FUND, MR BLAKE SAID, INITIALLY $6.8 BILLION TRADING FUND WOULD BE RESPONSIBLE FOR MANAGING THE
PRIORITY PROGRAMME OF NEW SEWERAGE
FUND,
HE STRESSED THAT
THERE WAS TRADING PROJECTS IN THE FUTURE.
THE THESE FUNDS UNDER BY ACCOUNTING FOR
BEING NO CHANCE OF THEM
USED FOR OTHER
NORMAL APPROVING
THE AS A TRADING FUND IS NOT SUBJECT TO "FURTHERMORE, PUBLIC
PROCEDURES WORKS
FOR AUTHORISING
AND WORKS EXPENDITURE, WE WILL BE BETTER ABLE TO FAST TRACK' THESE PROJECTS AS TO KEEP THEM ON SCHEDULE, HE SAID.
SO
SEWAGE SERVICES
MR BLAKE EXPLAINED THAT ONCE NEW CHARGES FOR WERE INTRODUCED, THE COST OF OPERATING AND MAINTAINING SEWAGE SERVICES WOULD BE WOULD BE ACCOUNTED FOR SEPARATELY IN THE TRADING FUND AND COVERED BY REVENUE FROM THE NEW CHARGES.
/"THESE CHARGES