XN000022-1986-04-03 — Page 13

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THURSDAY, APRIL 3, 1986

MR ELLIOT SAID FURTHER DETAILS AND THE EXACT DATES OF IMPLEMENTING THE TRAFFIC MANAGEMENT MEASURES WILL BE ANNOUNCED IN DUE COURSE AND THE PUBLIC IS REQUESTED TO WATCH OUT FOR THESE CHANGES.

NOTE TO EDITORS:

MAPS AND SCHEDULES ON GENERAL TRAFFIC AND PUBLIC TRANSPORT ARRANGEMENTS WILL BE BOXED FOR COLLECTION LATER TODAY.

JOCKEY CLUB FUNDS KOWLOON PARK DEVELOPMENT

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PLANS FOR THE COMPREHENSIVE DEVELOPMENT OF KOWLOON PARK INTO A MAGNIFICENT SPORTS AND RECREATION VENUE IN THE HEART OF TSIM SHA TSUI WERE ANNOUNCED AT A JOINT PRESS CONFERENCE TODAY.

THE PROJECT, WHICH WILL COST UPWARD OF $300 MILLION, WILL BE FUNDED SOLELY BY THE ROYAL HONG KONG JOCKEY CLUB. ON COMPLETION, THE PROJECT WILL BE TURNED OVER TO THE URBAN COUNCIL FOR MANAGEMENT.

TAKING PART IN THE PRESS CONFERENCE WERE GENERAL SIR JOHN ARCHER, CHIEF EXECUTIVE OF THE JOCKEY CLUB, MR H.M.G. FORSGATE, CHAIRMAN OF URBAN COUNCIL, MR HOWARD YOUNG, CHAIRMAN OF THE COUNCIL'S RECREATION SELECT COMMITTEE AND MA SIMON KWAN, THE PROJECT ARCHITECT.

THE

SPEAKING AT THE CONFERENCE. SIR JOHN SAID: DEVELOPMENT OF KOWLOON PARK IS VERY MUCH IN LINE WITH OTHER JOCKEY CLUB DEVELOPMENT PROJECTS WHICH HAVE TAKEN PLACE IN THE PAST. THESE HAVE INCLUDED THE LAND RECLAMATION AND CONSTRUCTION OF VICTORIA PARK WHICH TOOK PLACE SOME 30 YEARS

AGO.

+MORE RECENTLY, OCEAN PARK, PENFOLD PARK AND THE BUILDING OF MORE THAN 10 JOCKEY CLUB SWIMMING POOLS THROUGHOUT HONG KONG HAVE IMPROVED THE QUALITY OF LIFE FOR ALL IN THE COMMUNITY.+

/THE 14-HECTARE