XN000022-1987-09-15 — Page 3

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TUESDAY, SEPTEMBER 19, 1987

AND AND OVERALL

MR. DAVID GLEDHILL, HE WAS RECEIVED BY THE MTL CHAIRMAN, WAS BRIEFED ON THE OPERATIONS AND PLANS OF THE TERMINAL

THE CONTAINER PORT DEVELOPMENT. DURING HIS TOUR OF THE TERMINAL, VISITED THE CONTROL ROOM AND TOOK A PANORAMIC VIEN OF THE TERMINAL'S FACILITIES.

IB THE

HE ALSO Or LAYOUT

OF THE

OPERATE

SECOND LARGEST ESTABLISHED IN 1969, THE MTL THRER OPERATORS IN THE KWAI CHUNG CONTAINER TERMINAL, WITH 1,400 STAFF AND OPERATORS. IT COMPRISES TWO CONTIGUOUS TERMINALS WHICH ROUND-THE-CLOCK AND HAVE A CONTAINER STACKING CAPACITY OF ABOUT 18,000 TEUS (20-FOOT EQUIVALENT UNITS).

TO INVEST WITH ABOUT 1,800 CONTAINER SHIPS CALLING AT THE

HAVE PLANS

FURTHER A YEAR, THE COMPANY WAS SAID TO MILLION ON MODERN CONTAINER HANDLING EQUIPMENT AND OF THE TERMINAL COMPLEX.

THERE ARE NOW ALTOGETHER FIVE TERMINALS THE HONG KONG INTERNATIONAL TERMINALS LIMITED AND MTL.

MTL TERMINALS SOME $220 EXPANSION

LIMITED,

CHUNG KWAI IN

THE SEA-LAND

UNDER ORIENT

TAC ENDORSES KMB FRANCHISE EXTENSION

LTD

31,

MOTOR BUS

(1933) COMPANY

AUGUST AN APPLICATION BY THE KOWLOON

(TAC) TODAY (KMB) TO EXTEND ITS FRANCHISE FOR ANOTHER TWO YEARS TO

ADVISORY COMMITTEE TRANSPORT 1997 WAS ENDORSED BY THE (TUESDAY).

IN ΤΟ THE COMPANY KMB'S CURRENT FRANCHISE WAS FIRST GRANTED

HAS SINCE BEEN. EXTENDED BY THE OF TWO A PERIOD

IN MARCH 1975 FOR A PERIOD OF 10 YEARS. IT EXECUTIVE COUNCIL ON FIVE OCCASIONS EACH TIME FOR YEARS. THE LAST EXTENSION, TO AUGUST 31, 1995, WAS APPROVED 1986.

SINCE THE KMB'S PERFORMANCE TAC REVIEWED MEMBERS OF EXTENSION OF ITS FRANCHISE AND WERE SATISFIED THAT KMB WAS CAPABLE MAINTAINING A PROPER AND EFFICIENT SERVICE.

LAST

OF

EXTENSION FURTHER A THEY CONSIDERED THAT

PLANNING WOULD FACILITATE THE COMPANY'S FORWARD ITS BUS SERVICES.

OF ITS FRANCHISE AND

DEVELOPMENT

OF

THE TAC ...