XN000022-1988-03-21 — Page 6

MONDAY, MARCH 21, 1988

THIS WAS 90 AT PRESENT, WITH TRADE BOOMING AND BOUYANT, AND THERE WAS NO GREAT OUTFLOW OF CAPITAL.

INVESTMENT

"PIECE BY PIECE THE 1997 JIGSAW IS BEING PUT TOGETHER IN A THAT WILL ALLOW HONG KONG'S PROSPERITY TO CONTINUE, HE SAID.

"

WAY

"INTERNATIONAL BUSINESS INTEREST IN HONG KONG IS STRONG, AS IS INTERNATIONAL POLITICAL SUPPORT FOR THE ARRANGEMENTS OVER THE FUTURE, SIR DAVID SAID, ADDING THAT THERE WAS NO SERIOUS RIVAL TO AS THE BUSINESS SERVICES CENTRE FOR THE REGION.

HONG KONG

LAND COMMISSION HOLDS 15TH MEETING

WAS THE 15TH MEETING OF THE SINO-BRITISH LAND COMMISSION IN HONG KONG TODAY (MONDAY).

HELD

THE TWO SIDES AGREED THAT THE LAND DISPOSAL PROGRAMME 1988-89 FINANCIAL YEAR SHOULD AMOUNT TO 94.5 HECTARES.

FOR THE

THE PROGRAMME COMPRISES 22 HECTARES FOR COMMERCIAL RESIDENTIAL OWNERSHIP, PRIVATE AND INDUSTRIAL DEVELOPMENTS; 22 HECTARES FOR HOME

RENTAL SECTOR PARTICIPATION SCHEMES, HONG KONG HOUSING SOCIETY PUBLIC HOUSING AND VILLAGE HOUSING; 19

UTILITIES, HECTARES FOR PUBLIC RECREATIONAL. AND OTHER USES; AND EDUCATIONAL, WELFARE, RELIGIOUS, 31.5 HECTARES FOR CONTAINER TERMINAL 7 AS A SPECIAL REQUIREMENT.

THE LAND COMMISSION HAS IN ADDITION,

AGREED THAT A FURTHER RESIDENTIAL AND FIVE HECTARES OF LAND MAY BE RELEASED FOR COMMERCIAL,

OF THE YEAR, IF THERE INDUSTRIAL DEVELOPMENT IN THE COURSE

IS A

DEMAND FOR IT.

THE FORM OF A

LAND

BE PUBLISHED IN SITES WILL THESE APPLICATION LIST WHICH WILL BE REVIEWED QUARTERLY.

THIRD UNIVERSITY PROJECT

TO PROCEED

THE LAND COMMISSION RECOGNISED THE NEED

IN 1988-89 AND AGREED ALLOCATION ONCE DETAILS OF REQUIREMENT HAVE BEEN FINALISED.

WITEE

THE

LAND

TO CONSIDER

O

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