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In conclusion to his Chief Executive's Report, Mr Yam said: "I am sure there will be more challenges ahead, on both the monetary and supervisory fronts, as Hong Kong continues to develop as an international financial centre and as we move through the historical transitional period leading up to 1997 and beyond.
"My colleagues and I in the HKMA are fully prepared to meet these challenges and we look forward to playing our part in the transition period with enthusiasm."
End
Four lots of land to let
The Lands Department is inviting tenders for the short-term tenancies of four pieces of government land in the New Territories.
The first two lots are located in San Uk Ling, DD90, New Territories. With an area of about 220 and 240 square metres respectively, both are designated for cooked food cum convenience stall and any other pre-approved ancillary uses.
The tenancies are for two years, renewable quarterly.
Covering an area of about 1,530 square metres, the third lot is located at Lai King Hill Road, Kwai Chung. It is intended for use as a fee-paying public carpark for the parking of motor vehicles, excluding container tractors and trailers.
The tenancy is for two years, renewable quarterly.
The fourth lot located at On Lai Street, Area 11, Sha Tin, has an area of about 10,400 square metres. It is also designated as a fee-paying public carpark for the parking of vehicles.
The tenancy is for 18 months, renewable quarterly.
The closing date for submission of tenders is noon on May 31.
Tender forms, tender notices and conditions may be obtained from the Lands Department, 14th floor, Murray Building, Garden Ro: 1, and the respective District Lands Offices of Kowloon, North, Kwai Tsing and Sha Tin.
Tender plans can also be inspected at these offices.
End