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Consultancy agreement signed for Central Reclamation Phase III
The Territory Development Department (TDD) has appointed consultants to undertake the studies, site investigation, design and construction services for Phase III of the Central Reclamation project.
The consultancy agreement was signed today (Monday) by the Project Manager of Hong Kong Island and Islands Development Office, Mr Pang Ho-che, and representatives of the consultants, Atkins Haswell.
The fee for the consultancy assignment is $41.93 million, and the assignment will start from next Monday (February 27).
The Central Reclamation Phase III project, consisting of about 29 hectares of new reclamation joining the Central Reclamation Phase I and the Tamar Reclamation together, ends at the seafront off Lung King Street.
This reclamation is required for accommodating the Central-Wan Chai Bypass as well as providing new land for the expansion of Central business district.
According to the present programme, the works will commence in early 1997 for completion in mid-2000.
End/Monday, February 20, 1995
Unemployment and Underemployment Statistics for Oct-Dec 1994
The seasonally adjusted unemployment rate for October - December 1994 was 2.0%, and the underemployment rate was 1.5%, according to the latest labour force statistics released today (Monday) by the Census and Statistics Department.
The provisional seasonally adjusted unemployment rate for the period of November 1994 January 1995 was 2.2%, while the provisional underemployment rate was 1.6%.
The latest figures suggest that the labour market remained generally tight in recent months.