XN000022-1978-12-02 — Page 2

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SATURDAY, DECEMBER 2, 1978

+SPECIAL SITES FOR SPECIAL INDUSTRIES+ FOR SALE

AT SHA TIN

***

THE GOVERNMENT IS ABOUT TO SELL THE FIRST TWO INDUSTRIAL SITES WITH SPECIAL LEASE CONDITIONS DESIGNED TO HELP INDUSTRIES WHICH CANNOT NORMALLY OPERATE IN MULTI-STOREY FACTORY BUILDINGS.

THE TWO SITES, MEASURING 2,966 SQUARE METRES AND 2,821 SQUARE METRES, ARE LOCATED IN THE RAPIDLY EXPANDING FO TAN INDUSTRIAL AREA OF SHA TIN AND WILL BE SOLD BY PUBLIC AUCTION ON DECEMBER 19 AT THE SHA TIN GOVERNMENT SECONDARY SCHOOL.

THE +SPECIAL SITES FOR SPECIAL INDUSTRIES+, AS DESCRIBED TODAY (SATURDAY) BY THE SENIOR ESTATE SURVEYOR OF THE SHA TIN DISTRICT OFFICE, MR. ROGER THOMPSON, WILL BE BUILT WITH INCREASED FLOOR LOADING CAPACITIES AND HIGHER CEILING CLEARANCES.

THE SALE CONDITIONS, HE SAID, SPECIFIED THE PROVISION OF 300 LBS PER SQUARE FOOT LOADING AND A 25-FOOT HEIGHT FOR THREE FLOORS OF THE BUILDINGS TO BE ERECTED, INCLUDING THE GROUND FLOOR.

MR. THOMPSON SAID THE CONDITIONS CARRIED A 9.5 PLOT RATIO ALLOWING FOR MULTI-STOREY INDUSTRIAL-GODOWN DEVELOPMENT SIMILAR TO THAT ALREADY BLOSSOMING AT FO TAN.

→THE INCREASED FLOOR LOADINGS CAN ACCOMMODATE INDUSTRIES USING VERY HEAVY MACHINERY SUCH AS CUTLERY MANUFACTURES AND THE HIGH CEILINGS ARE DESIGNED TO CATER FOR INDUSTRIES. LIKE SILK WEAVING WHICH REQUIRE MORE HEADROOM THAN IS NORMALLY FOUND IN REGULAR HIGH-RISE FACTORY BUILDINGS.+

MR. THOMPSON SAID THE LEASE CONDITIONS HAD BEEN DRAWN UP IN LINE WITH THE GOVERNMENT'S POLICY OF PROVIDING LAND TO MEET ALL THE NEEDS OF PRESENT DAY INDUSTRY.

+ THE FO TAN SITES HAVE BEEN EARMARKED AS A MOVE IN THIS DIRECTION TO TEST THE INTEREST OF INDUSTRIAL DEVELOPERS,+ HE ADDED.

+THE TWO SITES ARE IN AN ATTRACTIVE AREA, CLOSE TO KOWLOON WITH GOOD LINKS TO ALL THE DEVELOPING AREAS OF THE NEW TERRITORIES.

+WE WOULD EXPECT CONSIDERABLE INTEREST IN THE SITES THE LAST SITE AUCTIONED AT FO TAN REALISED A RECORD NEW TERRITORIES PRICE LAST MONTH.+

INTERNATIONAL SEMINAR ON CONTAINERISATION

TO BE HELD IN HONG KONG ****

A TWO-WEEK SEMINAR ON CONTAINERISATION, ORGANISED BY THE UNITED NATIONS ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (ESCAP) IN CO-OPERATION WITH THE HONG KONG AND NORWEGIAN GOVERNMENTS, WILL TAKE PLACE IN THE GOVERNMENT SECRETARIAT BEGINNING NEXT MONDAY (DECEMBER 4).

A TOTAL OF 23 REPRESENTATIVES FROM 13 COUNTRIES AND TERRITORIES IN THE REGION WILL PARTICIPATE.

/A GOVERNMENT.