XN000022-1974-07-02 — Page 5

TUESDAY, JULY 2, 1974

INTERIM ARRANGEMENTS TO CONTROL TEXTILE EXPORTS TO NORWAY

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INTERIM ARRANGEMENTS TO CONTROL EXPORTS TO NORWAY OF HONG KONG-MADE TEXTILES IN VARIOUS CATEGORIES HAVE DREM NTRODUCED BY THE COMMERCE AND INDUSTRY DEPARTMENT.

THEY REPLACE RESTRAINT ARRANGEMENTS WHICH EXPIRED ON JUNE 30.

THE INTERIM ARRANGEMENTS, WHICH TOOK EPFLAST MONDAY (JULY 1), HAVE BEEN INTRODUCED PENDING THE OUTCOME OF NEGOTIATIONS WITH THE NORWEGIAN' GOVERNMENT TO ESTABLISH A HEM AGREEMENT TO COVER IMPORTS OF TEXTILES FROM HONG KONG.

+AS THIS NEW AGREEMENT HAS NOT YET BEEN FINALISED, WE HAVE

TO IMPLEMENT DECIDED, ON THE ADVICE OF THE TEXTILES ADVE UNILATERAL RESTRAINT ARRANGEMENTS IN ORDER TO AVOID DIEDUPTION TO THE TRADE, A SPOKESMAN FOR THE COMMERCE AND INDUSTRY DEPARTMENT EXPLAINED,

HE SAID THAT THE INTERIM ARRANGEMENTS WILL BE SUBJECT TO MODIFICATION IN THE LIGHT OF WHATEVER AGREEMENT IS REACHED DETWEEN THE HONG KONG AND NORWEGIAN GOVERNMENTS.

THE INTERIM ARRANCEMENTS WILL APPLY PROVISIONALLY FOR A 12- MONTH PER 100 WHICH EXPIRES AT THE END OF JUNE NEXT YEAR,

NEW BUILDING PLANS APPROVED

BUILDING PLANS FOR THE 17-STOREY HONG KONG ARTS CENTRE BUILDING ON THE WAN CHAI RECLAMATION VERE ALONG THE 92 BUILDING PLANS APPROVED BY THE BUILDINGS ORDINANDE OFFICE IN NAY -- 42 MORE THAN IN THE KONTI OF APRIL.

ALSO APPROVED VERS CUILDING PLANS FOR THE TRAINING/HOLDING FACILITIES FOR AN OCEAN PARK PROJECT IN WONG CHUK HA IG ROAD AND A 30-STOREY COMMERCIAL BUILDING IN RUSSELL STRIKET, KONG KONG.

THIRTY SEVEN OF THE PLANS WERE FOR BUILDINGS ON HONG KONG ISLAND, 19 WERE FOR KCULOON AND 26 FOR THE NEW TERRITORIES. THESE, 56 PLANS WERE FOR APARTMENT/COMMERCIAL BUILDINGS.

OF

DURING THE MONTH, -69 BUILDINGS 27 3 BÓNG KONG, 42 IN KOWLOON AND 30 IN THE NEW FERRITORIES VERE COMPLETED AND CERTIFIED FOR OCCUPATION. THE TOTAL CONSTRUCTION COSTS OF THE BUILDINGS EXCEERED~$305 MILLION.

THE BUILDINGS ORDINANCE OFFICE GAVE CONSENT FOR WORK TO BEGIN ON 17 BUILDING PROJECTS ON HONG KONG, 15 IN KOULOON AND 19 IN THE NEW TERRITORIES. CONDENT WAS ALSO GIVEN FOR THE DEMOLITION OF 44 BUILDINGS.

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