6 -

With over 11 million TEU's passing through the port last year and an increase of over 20% at the Kwai Chung container terminals for the first three months of this year compared with last year, Mr. Clark says it was vital for the continuing prosperity of Hong Kong that CT10 & CT11 are brought on stream as soon as possible.

The target date for the first berth of CT10 is the first quarter of 1998. Subsequent berths would come on at four monthly intervals.

Meanwhile Port Development Board studies to assess the requirement and timing of future terminals beyond CT10 and CT11 continue.

"Forecasts show that Hong Kong's future share in meeting the total demand for port facilities in Southern China as a whole will be substantial," said Mr. Clark.

"But it is important to remember that, whilst the full impact of construction and operation of both CT10 and CT11 had been described and found acceptable, detailed feasibility studies in respect of future requirements for container terminals will be carried out," he added.

End/Friday, May 5, 1995

Hong Kong signs new Air Services Agreement with Germany

An Air Services Agreement (ASA) between the Government of Hong Kong and the Government of the Federal Republic of Germany was signed in Hong Kong today (Friday).

Under the specific authorisation of the United Kingdom Government, the Secretary for Economic Services, Mr Gordon Siu, signed on behalf of the Government of Hong Kong and the Federal Minister of Transport, Mr Matthias Wissmann, signed on behalf of the Government of the Federal Republic of Germany.

The Hong Kong/Germany ASA is the eleventh such agreement designed specifically with the provisions of the Sino-British Joint Declaration in mind. Others have been signed with the Netherlands, Switzerland, Canada, Brunei, France, New Zealand, Malaysia, Brazil, Sri Lanka and Australia.

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