XN000022-1987-11-10 — Page 2

TUESDAY, NOVEMBER 10, 1987

1

FS: RIGHT DECISIONS ESSENTIAL IN DEVELOPING INFRASTRUCTURE

PIERS SECRETARY, MR

JACOBS, TODAY (TUESDAY) THE FINANCIAL

SAID MUST OUTLINED PLANS FOR THE TERRITORY'S INFRASTRUCTURE WHICH HE

STEPS TO ENSURE THE RIGHT BE TAKEN WITH CAUTIOUS AND CONSERVATIVE DECISIONS WERE MADE.

CLUB OF HONG ALTHOUGH THE THRUST OF HIS SPEECH TO THE ROTARY

PORT AND AIRPORT, KONG CENTRED AROUND THE FUTURE DEVELOPMENT OF THE

TERRITORY DEVELOPMENT STRATEGY THE PACKAGE HE OUTLINED INCLUDED THE

(PDS), STRATEGY

THE PORT AND AIRPORT (TDS), THE PORT DEVELOPMENT DEVELOPMENT STRATEGY (PADS) AND THE DEVELOPMENT POTENTIAL OF TSING YI, WESTERN HARBOUR, AND ROAD AND RAIL SERVICES.

THE OVERALL RESULT,

HE SAID,

WAS A CLEAR

INDICATION OF

GOVERNMENT'S COMMITMENT TO THE FUTURE GROWTH OF HONG KONG.

AVERAGE ANNUAL GROWTH RATE MR JACOBS SAID THAT ALTHOUGH THE OF NINE PER CENT WAS USED AS A BASIS FOR THE "TRIGGER POINT MECHANISM"

OF NEW CONTAINER FOR PLANNING THE FUTURE PROVISION GROWTH IN THROUGHPUT IN KWAI CHUNG DURING THE PAST PER CENT.

THE TERMINALS, YEAR EXCEEDED 20

OF TERMINAL 7 IN NEED TO BE COMMISSIONED BY

AND IT WAS ESTIMATED THAT AFTER COMPLETION 1993, UP TO 15 ADDITIONAL BERTHS WOULD 2001.

NEED

TO

IDENTIFY

"BY 1988, WE

THE LOCATION OF CONTAINER BROUGHT INTO OPERATION BY TERMINALS 8 AND 9 WHICH WOULD NEED TO BE

AS THERE 1994-95. THIS DECISION MUST BE MADE IN A STRATEGIC CONTEXT REMAINS NO ROOM IN KWAI CHUNG FOR FURTHER EXTENSION.

DEMAND FOR BACK INDUSTRIAL USES AND

"CONSIDERATION MUST ALSO BE GIVEN TO GROWING UP AREAS AND DEEP WATER FRONT SITES FOR SPECIAL POTENTIALLY HAZARDOUS INSTALLATIONS," MR JACOBS SAID.

WORLD, AND SOME

ON THE AIRPORT HE SAID IT WAS ONE OF THE BUSIEST IN THE

PASSENGERS MILLION THAN 10

INTERNATIONAL HANDLING MORE 500,000 TONNES OF FREIGHT A YEAR.

-

WOULD

THE

THE NEW TERMINAL EXPECTED TO BE COMPLETED NEXT YEAR HAVE A CAPACITY OF 18 MILLION PASSENGERS A YEAR, WHICH WOULD MEET PROJECTED DEMAND FOR PROCESSING FACILITIES UP TO THE EARLY 1990's.

MORB

SEVERE

"DEMAND MANAGEMENT WOULD BE REQUIRED IN THE NEXT CENTURY AND THEREAFTER REQUIRED," MR JACOBS SAID.

THE FIRST RESCHEDULING

DECADE

OF

WOULD

BE

ADDITIONAL

ASSOCIATED URBAN

RCONOMIC GROWTH, HE SAID, HAD INCREASED DEMANDS FOR

REQUIRED WHICH AND AIRPORT FACILITIES DEVELOPMENT AND NEW TRANSPORT LINKS.

PORT

/LAND USE