XN000022-1974-10-16 — Page 84

لباء

40

Wednesday, October 16, 1974

facilitate the growth and earning potential of industry

!

and provide export-orientated jobs. High priority was also

given to self-liquidating projects, which provide a significant

revenue return for instance the provision of land. It

followed from this philosophy for instance that the Highway

Office should proceed immediately with the Tuen Mun motor

road, because it must be on this that the industrial and re-

sidential development of not only Tuen Mun itself must be

based, but also that of the whole Yuen Long plain. Similarly it followed that the Engineering Office should give priority

to the provision of infrastructure for urban and industrial

development. It was the same approach that accorded top

priority to development work at Kai Tak, and to works connected

with the Mass Transit Railway.

Examples of the outcome of the Review

The New Towns

Since the new towns and housing in the old urban

areas will take a large slice of the cake, and since the

method of handling the problems involved gives a clear

indication of your Government's general approach, let me

explain what has been done and what is proposed. Taking

the old urban areas first, where much of the essential social

and physical infrastructure already exists, the housing

programme envisages expenditure of $140. this year, $200 m.

next, and $250 m. in each of the following three years.

will largely use up developable sites in the old areas.

/Expenditure

This