XN000022-1985-07-29 — Page 2

LBAC

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MONDAY, JULY 29, 1935

A FORUM FOR DISCUSSION

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THE RECENTLY-FORMED LAND AND BUILDING ADVISORY COMMITTEE (LBAC) WILL PROVIDE A FORUM FOR DISCUSSION ON ALL MATTERS AFFECTING CONSTRUCTION AND PROPERTY DEVELOPMENT.

THIS WAS DISCLOSED BY THE SECRETARY FOR LANDS AND WORKS, MR NICKY CHAN, IN A SPEECH TO THE BUILDING CONTRACTORS' ASSOCIATION DURING THEIR LU PAN PATRON'S DAY DINNER THIS (MONDAY) EVENING.

MR CHAN SAID THE LBAC WAS AN AMALGAMATION OF THE SPECIAL COMMITTEE ON LAND SUPPLY AND THE BUILDING DEVELOPMENT ADVISORY COMMITTEE.

HE SAID THAT IN ADDITION TO THE LBAC, THE CONSTRUCTION INDUSTRY IN PARTICULAR WOULD HAVE A VOICE IN THE BUILDING CONTRACTORS' COMMITTEE (BCC) WHICH HAD BEEN EXPANDED AND UPGRADED FROM THE BUILDING CONTRACTORS' SUB-COMMITTEE.

THE FIRST MEETING OF THE BCC IS LIKELY TO TAKE PLACE IN SEPTEMBER.

MR CHAN TOLD THE ASSOCIATION MEMBERS THAT THERE WERE POSITIVE SIGNS OF A RECOVERY IN THE CONSTRUCTION INDUSTRY WITH CONFIDENCE ONCE MORE RETURNING TO THE PROPERTY MARKET.

HE ADDED: THE GOVERNMENT REMAINS FIRMLY COMMITTED TO MAINTAINING THE MOMENTUM OF HONG KONG'S DEVELOPMENT FOR YEARS AHEAD.

+ IN ADDITION TO MAJOR WORKS CURRENTLY IN PROGRESS PROJECTS ESTIMATED TO COST IN TOTAL MORE THAN $3 800 MILLION WERE SELECTED TO BEGIN DURING THIS FINANCIAL YEAR.+

AMONG THE MOST SIGNIFICANT OF THESE, SAID MR CHAN, WERE THE BUILDING OF THE FIRST PART OF ROUTE 5. A TRUNK ROAD BETWEEN SHA TIN AND TSUEN WAN; A NEW CROSS BORDER LINK AT LOK MA CHAU GRADE SEPARATED ACCESS FACILITIES FOR THE NEW DVELOPMENTS ON THE WAN CHAI RECLAMATION AND PRELIMINARY WORKS FOR A MAJOR IMPROVEMENT SCHEME FOR CONNAUGHT ROAD.

IN ADDITION TO THESE PROJECTS, WORK WAS DUE TO START THIS YEAR ON THE TUEN MUN LIGHT RAIL SYSTEM AND NEXT YEAR ON THE NEW CROSS HARBOUR TUNNEL.

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