XN000022-1988-07-26 — Page 2

די

TUESDAY, "LY 26, 1988

GOVT WORKS TO MAINTAIN COMPETITIVE EDGE OF TRADE,

INDUSTRY

AND

THE DEVELOPMENT THE GOVERNMENT

OF

IS

RDGE

OF

PIERS

JACOBS,

HONG KONG HAS SEEN TREMENDOUS PROGRESS IN TRANSPORT INFRASTRUCTURE OVER THE PAST YEARS PLANNING FOR THE FUTURE IN ORDER TO MAINTAIN THE COMPETITIVE

MR SECRETARY, OUR TRADE AND INDUSTRY, THE SAID TODAY (TUESDAY).

FINANCIAL

"THE

ARGUMENT FOR

INVESTING COMMUNICATION

WELL-BEING, ECONOMIC

ᎨᏐ

HEAVILY IN ALL

SAID

IN OUR ITS FORMS IS THE HE JACOBS MR

WHEN OF HONG KONG

BASIC

INFRASTRUCTURE IS SIMPLE:

OUR LIFEBLOOD OF ADDRESSED THE ANNUAL GENERAL MEETING OF THE FEDERATION INDUSTRIES.

AND THE PRIVATE SECTOR,

EXPENSES, IN DEVELOPING

THE

HANDLING

WITH

HE POINTED OUT THAT THE GOVERNMENT,

INCONSIDERABLE HAD COME A LONG WAY, AT NOT BETTER INFRASTRUCTURAL FACILITIES TO LINK UP HONG KONG'S AIRPORT,

AREAS, VARIOUS OTHER CARGO CONTAINER TERMINAL MANUFACTURING CENTRES BOTH WITHIN AND OUTSIDE THE URBAN AREA.

AND

KONG HAS AN ADEQUATE

OUTLINING WHAT GOVERNMENT INTENDS TO DO

INFRASTRUCTURE

DEMAND, MR JACOBS NOTED THAT

TO PLACE ΤΟ IN CONTAINERISATION HAD

STRUCTURAL CHANGES TO THE SEA FREIGHT BUSINESS.

ENSURE THAT

MEET ANTICIPATED

WITH BROUGHT

HONG

IT

HE ALSO NOTED THAT MASSIVE CAPITAL INVESTMENT WAS REQUIRED BUILDING NEW TERMINALS, AND MANY COMPLEX ISSUES HAD TO BE RESOLVED.

"WE

HAVE

ACCORDINGLY

FOR

A PORT AND AIRPORT COMMISSIONED

ΤΟ BEST

OUR THE

WAY

DEVELOP DEVELOPMENT STUDY WHICH WILL TELL US

YEARS, AND HOW FACILITIES TO MEET ANTICIPATED DEMAND IN THE NEXT 20 THIS CAN BE DONE IN A COST EFFECTIVE MANNER.

ARE NOT TO MAKE

WE 1 F VIEW TERM "WE MUST TAKE THIS LONG SERIOUS MISTAKES IN OUR PLANNING AND DEVELOPMENT," HE SAID.

AIRPORT, MR JACOBS SALD ON THE POSSIBILITY OF A REPLACEMENT

OPTIONS THE GOVERNMENT NEEDED TO TAKE A COLD HARD LOOK AT THE VARIOUS OPEN TO US FOR AIRPORT EXPANSION AND UPGRADING.

"THIS PROCESS

OF EVALUATION

BEGUN, THROUGH

REACH A VIEW OF THE EXISTING

A

ALREADY HAS SERIES OF CONSULTANCY STUDIES, WHICH WILL ENABLE US TO ON THE ULTIMATE CAPACITY AND DEVELOPMENT AIRPORT AT KAI TAK.

POTENTIAL

WILL

"THIS, TOGETHER WITH THE PORT AND AIRPORT DEVELOPMENT

ACCESS HAS ENSURE

THE GOVERNMENT THAT

BE MADE, INFORMATION NECESSARY FOR A DECISION TO LATER IN 1989, AS REGARDS OUR FUTURE AIRPORT NEEDS,

STUDIES,

ΤΟ

"

THE PROBABLY

MR JACOBS SAID.

CRITICAL

SOMETIME

/ON THE