48 -

Answer:

Mr President,

The Housing Authority has a security improvement programme for different types of public rental housing blocks. All new and existing Harmony and Trident blocks will be provided with security devices including gates at all entrances, doorphones and closed circuit television (CCTV) inside lifts and at the main entrance. A guard will also be provided at the main entrance of each block round the clock. For blocks of other designs, CCTV will be installed inside lifts, with link-up to a control room for central monitoring by security guards.

Under the programme, about 1 000 rental blocks, other than blocks to be redeveloped shortly or without lifts, will be provided with security devices by the end of 1997 in phases. Installation work is now in progress.

Given the open environment in public housing blocks where gates have not yet been installed at the entrances, the Housing Authority will not provide round-the-clock security service as it will involve several thousand security guards and will not be cost-effective. Meanwhile, the Housing Authority has deployed additional security guards to patrol in estates where crime rates are relatively high.

End/Wednesday, June 14, 1995

Foreign exchange investors protection

*

Following is a question by the Hon Frederick Fung Kin-kee and a written reply by the Secretary for Financial Services, Mr Michael Cartland, in the Legislative Council today (Wednesday):

Question:

Will the Government inform this Council:

(a)

what measures are currently adopted by the Securities and Futures Commission to control foreign exchange investment companies which have not been issued with licences in the territory; and

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