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Figures for the first quarter of this year showed a 26 per cent increase in containers moving by river. This compares with a 16 per cent increase in throughput for the port as a whole during the sarne period.
To cope with the growth, the Government is planning Hong Kong's first River Trade Terminal at Area 38 in Tuen Mun.
Like the container terminals, this will be built by private enterprise, and the Government is hoping to call tenders to build and operate the facility later this year.
The first berth is expected to come on stream in late 1997 or early 1998.
Another river trade terminal is planned for the north shore of Lantau Island as Lantau Port is developed and river trade expands further.
Figures produced by the latest consultancy will be invaluable in the planning and timing of future river trade facilities.
End/Wednesday, July 26, 1995
Personal Communications Services
There are reports in some newspapers this morning speculating on the forthcoming issue of Personal Communications Services licences.
These reports contain gross factual errors and are inconsistent.
It is not the Telecommunications Authority's practice to comment on the licensing process or speculation on it but these errors cannot be left unremarked.
The Telecommunications Authority has scheduled to make an announcement on the PCS licences around the end of August. The Authority does not intend to comment further until then and cautions anyone relying on speculative reports.
End/Wednesday, July 26, 1995