THURSDAY, MAY 19, 1994

3

THE SPOKESMAN POINTED OUT THAT ALTHOUGH HONG KONG DID NOT MAKE PLASTIC EXPLOSIVES OR IMPORT STOCKS COMMERCIALLY, IT WAS A SIGNIFICANT AVIATION CENTRE THAT WAS POTENTIALLY VULNERABLE то TERRORISM AGAINST AIRCRAFT.

"THE NEW MEASURES WILL BE A VALUABLE ADDITION TO THE RANGE OF COUNTER-TERRORIST INSTRUMENTS, HE SAID.

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THE BILL IS EXPECTED TO BE COUNCIL ON JUNE 1.

INTRODUCED INTO THE LEGISLATIVE

ASSESSMENT OF LAND REQUIREMENTS AND SUPTLY DISCUSSED

THE

LAND AND BUILDING ADVISORY DISCUSSED (THURSDAY)

THE ASSESSMENT OF LAND SUPPLY FOR 1993/94 2002/03.

COMMITTEE

[LBAC)

REQUIREMENTS

TODAY AND LAND

CHAIRED BY MR CHENG HON-KWAN, THE COMMITTEE WAS INFORMED THERE WOULD BE SURPLUS IN THE LAND SUPPLY

COMMUNITY (GIC)

INSTITUTION AND

GOVERNMENT, THROUGHOUT THE ASSESSMENT PERIOD.

SOME

THAT

FOR OFFICE, INDUSTRIAL,

AND OPEN SPACE

USES

REQUIREO

OTHER

INDUSTRIAL AND

NOT GIC AREAS

FOR IMMEDIATE DEVELOPMENT ARE PUT UNDER TEMPORARY USES OR BEING RE-ZONED FOR USES, FOR EXAMPLE, RESIDENTIAL.

LAND IN MIGHT CREATE

MEMBERS NOTED THAT PIECEMEAL REZONING OF INDUSTRIAL FOR AREAS

USES RESIDENTIAL INDUSTRIAL

ESTABLISHED INTERFACE PROBLEMS.

NOTED

FOR

PUBLIC

TRODUCTION

HOUSING THE MARCH PROGRAMME SHOWED A

LAND AND

SUPPLY

THE CONMITTEK

THAT THE SHORTFALL. IDENTIFIED IN THE ASSESSMENT HAD LARGELY BEEN NET BECAUSE 1994 REVIEW OF THE PUBLIC HOUSING DEVELOPMENT MARKED IMPROVEMENT SITUATION.

IN

THE ROUSING

WERE GOOD FURTHERMORE, THE COMMITTEE WAS INFORMED THAT THERE

MADE AVAILABLE PROSPECTS OF AN ADDITIONAL 30 HECTARES OF LAND BEING FOR PUBLIC HOUSING BEFORE 1997 TO MERT LIKELY NEW REQUIREMENTS.

OF THE

FOR PRIVATE HOUSING, A DEFICIT IS EXPECTED AT THE END ASSESSMENT PERIOD. HOWEVER, A CUMULATIVE SURPLES IS EXPECTED WHEN NON- COMMITTED PROJECTS ARE INCLUDED INTO THE LAND SUPPLY.

LAND MR CHENG SAID: "THE CURRENT EFFORTS OF THE TASK FORCE ON

AS SUPPLY AND PROPERTY PRICES TO SPEED UP AND INCREASE LAND SUPPLY SO TO COOL DOWN PROPERTY PRICES HAVE NOT BEEN REFLECTED IN THE RESULTS OF THE ASSESSMENT.

TO WORK OUT A THE TASK FORCE WAS FORMED BY THE GOVERNMENT COMPREHENSIVE PACKAGE OF MEASURES TO MODERATE PROPERTY PRICES AND WAS EXPECTED TO COMPLETE ITS DELIBERATIONS BY MO-JUNE, MR CHENG NOTED.

/THE ANNUAL

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