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WEDNESDAY, OCTOBER 7, 1987
IT WOULD CONTINUE INTO THE NINETIES, WITH THE COMPLETION OF THE EXISTING NEW TOWNS AND WITH FURTHER DEVELOPMENTS AT MA ON SHAN, JUNK BAY AND TỈN SHUI WAI.
WILL
"FROM NOW, HOWEVER, REDEVELOPMENT IN THE URBAN ARRAS BECOME AN INCREASING PRIORITY. THE NEW LAND REQUIRED FOR THIS WILL HAVE TO COME FROM HARBOUR RECLAMATIONS," HE ADDED.
HE SAID A GREATER PROPORTION OF THE RESOURCES FOR CAPITAL INVESTMENT SHOULD GO TOWARDS EXPANDING THE ESSENTIAL ECONOMIC INFRASTRUCTURE OF THE TERRITORY.
HE SAID THE PORT HANDLED A RECORD 14,000 OCEAN-GOING VESSELS AND 82,000 RIVER TRADE VESSELS LAST YEAR AND THE NUMBERS OF BOTH HAD BEEN STEADILY GROWING IN RECENT YEARS.
SIR DAVID SAID THE NUMBER OF CONTAINERS HANDLED HAD ALSO INCREASED BY 50 PER CENT IN THREE YEARS AND EXPANSION WAS EXPECTED ΤΟ GROW IN THE NEXT FEW YEARS BY AN AVERAGE OF AT LEAST NINE PER CENT A YEAR.
"WE NOW POSSESS THE SECOND LARGEST CONTAINER PORT IN THE WORLD IN TERMS OF THROUGHPUT AND MAY SOON BECOME THE LARGEST.
"PORT EXPANSION MUST THEREFORE BE OUR FIRST PRIORITY IN MAINTAINING THE GROWTH OF OUR TRADE AND ECONOMY, HE STRESSED.
H
WHEN TERMINALS 6 AND 7 AT KWAI CHUNG HAD BEEN COMPLETED, THE GOVERNMENT WOULD HAVE TO DECIDE WHERE IN THE GENERAL HARBOUR AREA FURTHER DEVELOPMENT SHOULD TAKE PLACE.
TURNING TO THE AIRPORT, SIR DAVID SAID ΚΑΙ TAK HAD LIMITED POTENTIAL FOR EXPANSION AND MUST EVENTUALLY REACH ITS ULTIMATE CAPACITY.
"EVEN BEFORE THAT POINT 19 REACHED WE MUST TAKE ACCOUNT OF THE ENVIRONMENTAL IMPACTS ON KOWLOON OF AN AIRPORT AT KAI TAK DEVELOPED TO FULL CAPACITY, HE SAID.
T
SAID IT
IN LOOKING AT POSSIBLE ALTERNATIVE SITES, SIR DAVID WAS CLEAR THAT THE BEST SITES FOR A NEW AIRPORT WERE IN THE WEST OF THE TERRITORY, WHERE NEW ROADS AND OTHER INFRASTRUCTURE COULD BE BUILT TO SERVE BOTH PORT AND AIRPORT DEVELOPMENTS, AS WELL AS TO PROVIDE A NEW WESTERN HARBOUR CROSSING.
ΤΟ
DEVELOPMENT
THESE
TWO
"WE ARE NOW COMMISSIONING A JOINT PORT AND AIRPORT STUDY TO ADVISE ON THE BEST AND MOST ECONOMIC SOLUTION CRITICAL PROBLEMS," HE SAID.
/BIR DAVID
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