XN000022-1987-09-24 — Page 7

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THURSDAY, SEPTEMBER 24, 1987

PLANNING BASED ON STABILITY AND PROSPERITY, SLW

THE FIRM SINO-BRITISH WORKS, MR GRAHAM

THE GOVERNMENT'S STRATEGIC PLANNING MUST BE BASED ON OBJECTIVES OF STABILITY AND PROSPERITY AS SET OUT IN THE JOINT DECLARATION, THE BARNES, HAS SAID IN BRUSSELS.

SECRETARY

FOR LANDS AND

SPEAKING AT A LUNCHEON MEETING OF THE BELGIUM-HONG KONG THESE SOCIETY ON WEDNESDAY, MR BARNES SAID THAT, IN ORDER TO ACHIEVE

PROSPERITY, IMPROVE OBJECTIVES, HONG KONG MUST ENSURE ITS COMMERCIAL THE ENVIRONMENT AND THE QUALITY OF LIFE OF ALL ITS PEOPLE

WILL TERRITORY THAT THE

VALUED AND RESPECTED

FUTURE

OF SOVEREIGN STATE

CHINA WHEN HONG KONG BECOMES A SPECIAL ADMINISTRATIVE REGION (SAR) OF CHINA.

BE

BY

AND ENSURE THE

A THUMB-NAIL AFTER GIVING

SKETCH OF HONG KONG'S POST-WAR CONSTRUCTION, MR DEVELOPMENT, WITH PARTICULAR STRESS ON THE NEW TOWN

PRIVATE SECTOR PROJECTS UNDER BARNES OUTLINED THE MAJOR PUBLIC AND CONSIDERATION AT PRESENT.

THE PLANS FOR THE

REFERRING TO THE CONTAINER PORT EXTENSIONS AND OTHER DEEP-SEA BERTHS, MR BARNES SAID THAT, UP TILL RECENTLY, FAR

WERE EXPORTS FROM GREATEST PROPORTION OF CARGOES CROSSING THE WHARF AND IMPORTS INTO HONG KONG

BUT CHINA'S MODERNISATION PLANS HAVE CHANGED THE BALANCE.

ITSELF

HONG KONG EXPORTS HAVE

INCREASED BOTH IN TECHNOLOGICAL THE VALUE OF RE-EXPORTS TO VALUE TERMS RATHER THAN IN BULK BUT

MILLION FROM CHINA THROUGH HONG KONG HAS INCREASED FROM HK$13,036 1980 TO HK$92,491 MILLION LAST YEAR.

AND

AND

IN

PER INVOLVE

CHINA'S USE OF THE CONTAINER TERMINALS HAS INCREASED BY 27 CENT EACH YEAR AND THE RATE OF INCREASE IN CHINA'S TRADE WILL AN EARLY EXPANSION OF OUR CONTAINER PORT FACILITIES, HE SAID.

NEW MR BARNES ALSO SPOKE OF THE PLANS FOR A

AIRPORT AND THE

INFRASTRUCTURE WHICH EXTENSIVE

WILL BE

HE REQUIRED.

SAID THE WORK GOVERNMENT HAS DECIDED TO EMBARK ON A MAJOR DEVELOPMENT STUDY TO

DEVELOPMENT OF BOTH AIRPORT AND OUT THE OPTIONS FOR

PORT AS AN

ECONOMIC PROPOSITION.

HONG

ON URBAN REDEVELOPMENT, MR BARNES SAID THIS IS ANOTHER OF KONG'S MAJOR PRIORITIES THE AIM BEING TO BRING LIVING CONDITIONS NEARER OT THE STANDARD OF THAT IN THE NEW TOWNS.

**

GOVERNMENT REDEVELOPMENT

DEVELOPMENT "A MASTER

PLAN FOR THE URBAN AREAS IS BEING

BY THE PREPARED AND A LAND DEVELOPMENT CORPORATION OWNED BUT OPERATING COMMERCIALLY IS BEING CREATED TO FOSTER SCHEMES IN CONJUNCTION WITH THE PRIVATE SECTOR."

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