XN000022-1984-10-29 — Page 4

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MONDAY, OCTOBER 29, 1984

MR AKERS-JONES COMMENDED YUEN LONG AND TUEN MUN TO INVESTORS.

COMMUNICATIONS WITH THE URBAN AREA WERE EXCELLENT ALONG THE

SIX-LANE TUEN MỤN HIGHWAY, HE SAID.

+AND LINKS TO THE NORTH WILL BE IMPROVED BY THE HIGHWAY WHICH IS UNDER CONSTRUCTION LEADING TO FANLING, AND THE CONSTRUCTION OF

A NEW BORDER CROSSING AT LOK MA CHAU WILL LINK THE AREA WITH SHENZHEN AND GUANGZHOU,

+WORK ON THE NEW BORDER CROSSING SHOULD START BY THE MIDDLE OF NEXT YEAR, HE SAID.

THE CONSTRUCTION BY THE KOWLOON-CANTON RAILWAY CORPORATION OF A 34-KILOMETRE LRT LINK BETWEEN TUEN MUN AND YUEN LONG WILL FACILITATE MOVEMENT OF PEOPLE WITHIN THE REGION.

MOREOVER, HE SAID THE DRAFT AGREEMENT ON THE FUTURE OF HONG KONG WITH ITS ASSURANCES ABOUT SECURITY OF LAND TENURE, PROVIDED AN EXCELLENT OPPORTUNITY FOR FURTHER PRIVATE SECTOR INVESTMENT, PARTICULARLY IN RESPECT OF THE YUEN LONG INDUSTRIAL ESTATE.

+THERE ARE EXCELLENT ROAD LINKS TO THE KWAI CHUNG CONTAINER PORT AND TELECOMMUNICATIONS AND BANKING SUPPORT SERVICES MADE THE AREA IDEAL FOR INVESTMENT.

+THE COST OF RENTING FLATTED FACTORIES IN TUEN MUN IS LESS THAN HALF THAT IN KOWLOON,+ HE SAID.

THE AREA WAS WELL SERVED BY THE YUEN LONG STADIUM, AS WELL AS THE TANG SHIU KIN SPORTS GROUND AND YAN OI TONG COMMUNITY AND INDOOR SPORTS CENTRE IN TUEN MUN.

+ IN ADDITION PROGRESS WILL BE MADE WITH THE YUEN LONG TOWN PARK.

+WORK ON THE TUEN MUN TOWN CENTRE AND THE NEW CULTURAL COMPLEX IS CONTINUING AND THESE SHOULD BE COMPLETED IN PHASES BETWEEN NEXT YEAR AND 1991, WITH THE FIRST PHASE OF THE CULTURAL COMPLEX OPENING IN EARLY 1986.

+AND TUEN MUN, LIKE SHA TIN IS DEVELOPING ITS OWN TOWN PARK, HE SAID.

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