6
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Mr Lam said that of the reduction of $1,805 million in the budget, $1,584 million was achieved by savings while $221 million was accounted for by a reduction in the scope of the ACP.
He said that 12 of the original 334 hectares of land originally planned for the West Kowloon Reclamation project together with the provision of a permanent ferry pier had been excluded from ACP works. These works are not expected to commence until 1998 to tie in with the proposed Kowloon Point Development.
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STI to attend APEC Meeting on Industrial Science & Technology
The Secretary for Trade and Industry, Miss Denise Yue, will head a Hong Kong delegation to Seoul to attend the second Asia-Pacific Economic Co-operation (APEC) Ministers' Conference on Regional Co-operation in Industrial Science and Technology.
Miss Yue will leave tomorrow (Tuesday) and return on Friday (November 15).
The meeting, to be opened by President Kim Young Sam, will be attended by ministers with responsibility for science and technology from all APEC member economies.
Discussion will focus on the policy principles for APEC's cooperative efforts to enhance the scientific and technological capability of the region and to acknowledge the progress made in areas such as information flow, human resources development and joint research in science and technology.
These areas were discussed at the first APEC Ministers' Conference held in Beijing last year.
While in Seoul, Miss Yue will also pay a courtesy call on Mr Park Jae Yoon, Minister of Trade, Industry and Energy of the Republic of Korea.
Other members of the delegation include the Director-General of Industry, Mr Francis Ho, and Assistant Director-General of Industry, Miss Annie Choi.
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