XN000022-1974-02-04 — Page 3

Daily Information Bulletin 新聞公報 All

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Monday, February 4, 1974

The site on Tsing Yi comprises seven acres of formed land at

the south-west corner of the island, alongside the drainage reserve

adjacent to the Peninsula Electric power station. Tankers from China

would berth there to unload.

In addition to providing these two storage sites, the Government

proposes to construct a railway siding at Sha Tin, which will remain

government property but will be available to China Resources Company for

deliveries to its adjoining storage area. It is anticipated that this

siding will take about two months to build.

It is also proposed to construct a spur railway line at Hung

Hom, bringing into operation the sidings already built there so that

light diesel oil can be off-loaded directly into barges and conveyed to

the storage tanks of other oil companies.

Mr. Clinton added that the discussions which he had held with the

management of China Resources Company had been most cordial and he was

sure that the Hong Kong community as a whole would be extremely pleased

at this news .

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