XN000022-1988-03-13 — Page 3

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SUNDAY, MARCH 13, 1988

LATEST YEARBOOK HIGHLIGHTS DRAMATIC IMPACT OF BUILDING WORKS

* * *

IS

RELENTLESS DEVOTION HONG KONG'S DYNAMISM, AS SEEN THROUGH ITS TO THE CONSTRUCTION OF BOTH PRIVATE AND PUBLIC WORKS AND PROJECTS, THE THEME OF THE REVIEW CHAPTER OF THE 1988 HONG KONG ANNUAL REPORT.

FUTURE", THE

THE BUILDING FOR BEARING THE TITLE "HONG KONG

FRENZY OF ARTICLE PLACES EMPHASIS ON WHAT IS DESCRIBED AS "A 30-YEAR

FACE OF THE CONSTRUCTION WHICH HAS COMPLETELY TRANSFORMED THE WHOLE

OF THE REMOTER TERRITORY FROM THE CENTRAL BUSINESS DISTRICT TO SOME PARTS OF THE NEW TERRITORIES.'

THE RESULT OF THE

ALL THIS, AS AUTHOR DEREK JONES POINTS OUT, IS THE COMPLEMENTARY ROLES OF BOTH THE PUBLIC AND PRIVATE SECTORS IN OVERALL DevelopmeNT OF HONG KONG.

THE

PRIVATE

SECTOR

HAS

PROVIDED

THE

FOR THE INVESTMENT

AND FINANCE

MUCH RESIDENTIAL DEVELOPMENT OF INDUSTRY, COMMERCE,

PROVIDED THE BASIC ECONOMIC BUILDING; THE GOVERNMENT, IN TURN, HAS AND SOCIAL INFRASTRUCTURE, INCLUDING ROADS AND RAILWAYS, THE WATER SUPPLIES AND HOSPITALS.

THIS

COMBINED EFFORT

UNDERLINES

YEARS THE OVER CONFIDENCE IN THE FUTURE OF HONG KONG AND THEIR FAITH OF ITS ECONOMY AND SOCIETY, THE ARTICLE STATES.

AIRPORT,

THEIR IN THE FUTURE

REMINDED

IN THE AREA OF ECONOMIC ACTIVITY, THE READER IS HONG KONG IS A COMPLETELY OPEN ECONOMY, GUIDED BY WORLD MARKET IN ALMOST ALL THAT IT DOES.

THAT FORCES

MAKES THE TRADE IN THE BROADEST SENSE IS ITS LIFEBLOOD AND IT

WHEN SOLD IN WORLD MARKETS, GOODS OR PERFORMS THE SERVICES WHICH,

OUTSIDE BRING IN THE BEST PROFIT. LIKEWISE IT BUYS WHAT IT NEEDS FROM AS CHEAPLY AS IT CAN.

THE GROWING INTER-RELATIONSHIP OF THE ECONOMIES AND CHINA IN THE PAST FEW YEARS IS ALSO EXAMINED.

AN BY

BEEN

OF HONG KONG

END-PAPER MAP GIVING THE ARTICLE IS WELL-ILLUSTRATED

BOTH GRAPHIC, EASY-TO-READ INFORMATION ON MANY CONSTRUCTION PROJECTS,

BEING PRIVATE AND PUBLIC, THAT HAVE BUILT NOW AND INTO THE FUTURE.

RECENTLY

AND BUILT,

ARE

10 OF LAST

BOOK INCLUDES YEAR, THE FOLLOWING THE PATTERN

LIFE AND BEAUTIFUL COLOUR SECTIONS ON DIFFERENT ASPECTS OF HONG KONG ACTIVITY.

ALSO

WIDE-RANGING

TO ROUND OFF A PUBLICATION COMPRISING 380 PAGES, THERE IS EXTENSIVE

AN

STATISTICS.

SERIES

OF APPENDICES

PROVIDING USEFUL

THESE AND