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"If we disregard this portion and focus only on capital expenditure on other transport projects, the draft estimates have actually provided for an increase of $765 million. This represents a real growth of 18.7 per cent." he said.
Mr Barma said the Government had the opportunity to invite private sector participation in Build Operate and Transfer projects and major transport modes were provided by the private sector without any government subsidy.
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$3.7 million spent on heritage projects
The Lord Wilson Heritage Trust, with the executive support of the Antiquities and Monuments Office, has disbursed grants totalling $3.7 million to a wide range of heritage projects during 1994-95.
Presenting the second annual report at a press conference today (Wednesday), the Chairman of the Board of Trustees, Mr Alexander Au, outlined the main activities of the Trust in the past year.
"The main focus of the Trust's programme of activities is to arouse community awareness of the importance of heritage preservation, as well as to promote learning opportunities and to support community initiatives in this area," he said.
The Trust spent $1.5 million in sponsoring a 13-episode TV series produced by RTHK on Hong Kong's heritage last year and the programme had generated much publicity for heritage protection.
A total of $700,000 had been used to fund a five-day international conference on archaeology in Southeast Asia which was organised by the University Museum and Art Gallery of the University of Hong Kong.
"The conference provided a forum for leading archaeologists to discuss the latest findings in archaeological research in South China and Southeast Asia. It was the first of its kind in Hong Kong and was a great success," Mr Au noted.
Other major projects of the Trust included:
the production of pamphlets and photo albums for free distribution to schools and the general public to promote the Ping Shan Heritage Trail;