XN000022-1988-03-02 — Page 25

15

WEDNESDAY, MARCH 2, 1988

SPENDING CAPITAL PROGRAMMES, INCLUDING CITY CLEARANCE, WAS FORECAST TO BE $16.9 BILLION ABOUT 19 PER CENT ON THE PREVIOUS YEAR IN CASH SECRETARY SAID.

MAJOR NEW

PROJECTS

TO

THE KOWLOON WALLED AN INCREASE OF TERMS, THE FINANCIAL

IN THE

YEAR

SEVERAL AND

START

INCLUDE HIGHWAY DEVELOPMENTS IN BOTH THE NEW TERRITORIES AND URBAN AREAS, LAND FORMATION CONTRACTS IN RESPECT OF THE TIN SHUI WAI DEVELOPMENT.

SAID THE ALLOCATION WAS ON HOUSING, THE FINANCIAL SECRETARY 12.6 PER CENT OF THE CONSOLIDATED ACCOUNT EXPENDITURE.

14

EXPECTS TO PRODUCE SOME FLATS EVER PRODUCED

IN 1988-89, THE HOUSING AUTHORITY 45,000 RENTAL FLATS, THE HIGHEST NUMBER OF SUCH IN A SINGLE YEAR, MR JACOBS SAID.

**

BE PRODUCED UNDER IN ADDITION, 12,160 FLATS WERE EXPECTED TO THE HOME OWNERSHIP AND PRIVATE SECTOR PARTICIPATION SCHEMES NEXT YEAR, WHICH WAS 21 PER CENT OVER THE AVERAGE ANNUAL PRODUCTION TARGET THESE SCHEMES, HE SAID.

UNDER

HECTARES

OVER TOTAL

NET LAND PRODUCTION IN 1988-89 WAS EXPECTED TO BE 165

HECTARES FOR 1987-88. COMPARED WITH A REVISED ESTIMATE OF 174

1989-90 TO 1991-92, FORECAST THE THREE YEARS OF THE PRODUCTION WAS EXPECTED TO 1,092 HECTARES, HE ADDED.

PERIOD

PROPOSAL

TO INCREASE EXPENDITURE

MR THE

JACOBS INDUSTRY, MANUFACTURING A YEAR HAD ALREADY BEEN COMMITTED ON

ON THE GOVERNMENT'S SIGNIFICANTLY IN SUPPORT OF SAID MORE THAN $1 SERVICES FOR INDUSTRY.

BILLION

INCREASED "OUR PLANS FOR

EXPENDITURE

IN 1988-89

INCLUDE A YEAR OF A PRODUCTIVITY

THE TOWARDS

OF CREATION

A THE HONG KONG POLYTECHNIC AND

THE INDUSTRY DEPARTMENT HE SAID.

GRANT TO THE HONG KONG PRODUCTIVITY COUNCIL FOR THE FIRST NEW THREE-YEAR PROGRAMME FOR UPGRADING AND EXPANDING ITS ENHANCEMENT SERVICES, A GRANT TO ASSIST PLASTICS TECHNOLOGY CENTRE BASED ON

TO ENABLE ADDITIONAL APPROPRIATIONS

IMPROVE ITS PROMOTIONAL ACTIVITIES,

++

то

THIS MEANS PER CENT.

PROPOSALS "ALTHOUGH I AM SATISFIED THAT MY OVERALL EXPENDITURE FOR 1988-89 CAN BE CONTAINED WITHIN MY BUDGETARY STRATEGY A GROWTH IN THE CIVIL SERVICE ESTABLISHMENT OF ABOUT FOUR MR JACOBS SAID.

THE

STAFF

GROWTH WOULD

"

ACCRUE

ΤΟ THE

SOME 26 PER CENT OF MEDICAL AND HEALTH DEPARTMENT AND 15 PER CENT TO THE POLICE.

SIMILAR OVERALL GROWTH "IT IS LIKELY THAT WE SHALL WITNESS A

CENT RATE IN 1989-90, BUT I SHALL LOOK FOR A MOVE TOWARDS OUR 2.5 PER

HE SAID. GUILDLINE THEREAFTER,

++

IN THE