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The cost of providing services including depreciation of assets will be charged to the trading fund and will be covered by revenue from charges to clients for services.
DEMS, as the general manager of the trading fund, will prepare each year a corporate and business plan based on these financial arrangements and submit it to the Secretary for Works for approval.
End
HK's economic bedrock to sustain vibrant growth: FS
The economic bedrock of Hong Kong would continue to sustain a vibrant economic growth in the next millennium and would not be jeopardised in 1997 or after, the Financial Secretary, Mr Donald Tsang, said today (Friday).
Speaking at the Global Partners Forum at University of California, Los Angeles, Mr Tsang said in turn it would bring benefits to the international community with whom Hong Kong vigorously traded.
"As Financial Secretary of Hong Kong, I see my role as re-affirming the economic system that we have developed and refined over the past decades," he said.
"I shall make sure that this system will carry us through the transition, forming a solid foundation and inspiring more enviable economic advancement for the Hong Kong Special Administrative Region."
Mr Tsang pointed out that it was the solidity of this economic bedrock that bolstered the confidence of Hong Kong people in their economy.
"They firmly believe that our society will not only survive the transition but thrive on the challenge and prosper," he said.
"The strength and resilience of our economic fundamentals will ensure that in Hong Kong's longer term march towards greater prosperity in 1 July 1997 is just another date, and I can see Hong Kong and overseas adopting the same view, and investing now with an eye on returns well after 1997."
Mr Tsang said free enterprise spirit and level playing field was one of the pillars of Hong Kong's economic system.