CO129-518-8 Colonial Development Fund- requests and recommendations for monetary assistance for various projects 30-8-1929 - 28-2-1930 — Page 62

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

REOE!

3

62753/29 (22)

L..

2c 5

Telegram from the 0.A.G. of Hong Kong to the Secretary of State

for the Colonies.

Dated 5th October, 1929.

(Received Colonial Office 9.20 a.m. 5th October, 1929.)

Your telegram 10th September Colonial Development Fund Latest estimate of cost of acquiring and forming aerodrome is $2,679,250 of which £100,000 is being contributed by H.M.G. Estimated expenditure to end of 1929 $2,317,159 and in 1930 $249,500.

This estimate includes only Colony's share of one building viz.

hangar referred to in my telegram 12 September. Development of

aerodrome as an airport will require extensive building, see my 52753/28 despatch 25th April 1928 No. 226. Cost of Commercial development

62

only has been roughly estimated at $3,500,000 but it is impracticable to proceed with design and estimates or to say how much of estimated cost will be spent in Great Britain until the Air Ministry approve

lay-out of the whole aerodrome as recommended by Mr. Dawson. At present the Colony has no funds for this development but if direct grant could be made from Colonial Development Fund Colony would be in a position to proceed. Scheme is for the present being financed partly from Public Works (1927) 6% Dollar Loan and partly from surplus balance in anticipation of future loan. I therefore ask

that Colonial Development Fund should contribute £100,000 as a gift to the Colony for continued development of aerodrome. I doubt

whether aerodrome can be remunerative for very many years but it is

an essential part of the Colony's equipment under modern conditions. As regards waterworks, orders have been placed in the U.K. amounting to £34,090 in respect of Aberdeen Scheme £15,470 for Shingmun Scheme

including cross harbour pipes I would ask for loan of total sum of £49,560 on easiest possible terms.

Copy on 12

(waterworts & Recodroms pp3

che in cŵro

ตุ

In Reje!".

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.