XN000022-1982-02-13 — Page 3

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SATURDAY, FRBRUARY 13, 1982

HK/US TEXTILE TALKS RECESS

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+THE TALKS IN WASHINGTON BETWEEN HONG KONG AND THE UNITED STATES ON A NEW TEXTILE ARRANGEMENT RECESSED ON FRIDAY (FEBRUARY 12),+ MR BILL DORWARD, DIRECTOR OF TRADE INDUSTRY AND CUSTOMS, SAID TODAY (SATURDAY).

MR DORWARD SAID THAT HE HAD RECEIVED A REPORT FROM THE HONG KONG DELEGATION THAT THE TWO SIDES HAD DECIDED THAT A TEMPORARY RECESS WAS NECESSARY TO ALLOW THEM TO TAKE STOCK OF THE POSITION REACHED SO FAR.

ACCORDING TO MR DORWARD WHILE THERE HAD BEEN A MEASURE OF PROGRESS, MR LAWRENCE MILLS, COMMISSIONER OF TRADE, HAD REPORTED FROM WASHINGTON THAT THE SCOPE AND NATURE OF THE US PROPOSALS WERE SUCH AS TO MAKE IT NECESSARY TO CONSULT THE TEXTILES ADVISORY BOARD FURTHER.

THE TALKS ARE PROVISIONALLY SCHEDULED TO RESUME ON MARCH 11.

KENNEDY ROAD SITE FOR SALE

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THE CROWN LANDS AND SURVEY OFFICE IS OFFERING A SITE AT KENNEDY ROAD FOR SALE BY TENDER.

THE SITE, WITH AN AREA OF ABOUT 801 SQUARE METRES, IS FOR PRIVATE RESIDENTIAL PURPOSES.

IT COVERS A BUILDING COVENANT OF $12.3 MILLION WHICH SHOULD BE DEVELOPED BEFORE JUNE 30, 1985.

UNDER THE SALES CONDITIONS, THE SUCCESSFUL TENDERER FOR THIS SITE MUST ALSO BUILD FOR THE GOVERNMENT, FREE OF CHARGE, TWO RESIDENTIAL BLOCKS ON ANOTHER SITE IN ALBANY ROAD.

THE CLOSING DATE FOR TENDERS IS MARCH 26, 1982.

TENDER FORMS, WITH NOTICES AND CONDITIONS OF SALE, MAY BE OBTAINED FROM THE CROWN LANDS AND SURVEY OFFICE ON THE 19TH FLOOR OF MURRAY BUILDING AND ON THE 10TH FLOOR OF KOWLOON GOVERNMENT OFFICES, 405 NATHAN ROAD.