XN000022-1988-10-20 — Page 29

THURSDAY, OCTOBER 20, 1988

27

HK ALREADY WELL KNOWN WORLD-WIDE

* * * * *

RISK

IS WHETHER HONG GAINS WHICH LEGISLATIVE COUNCIL

STAGING A WORLD EXPOSITION IN HONG KONG IN 1997 IS A HIGH UNDERTAKING INVOLVING HIGH STAKES, AND THE QUESTION KONG CAN AND SHOULD TAKE THE RISK AGAINST THE POTENTIAL ARE INTANGIBLE, THE HON KINGSLEY SIT SAID IN THE TODAY (THURSDAY).

SPEAKING IN THE EXPO MOTION DEBATE, MR SIT UNNECESSARY FOR HONG KONG TO TAKE SUCH A RISK.

FELT THAT IT WAS

"THE SINGLE POTENTIAL GAIN OF HOLDING AN EXPO

HE SAID. PUT HONG KONG TO THE WORLD,'

WE

ARE

IN 1997 IS TO

TOYS AND ALREADY THE LARGEST "IN THIS CONNECTION,

AND MOST EFFICIENT CONTAINER WATCHES EXPORTER, WE HAVE THE LARGEST

BIG FINANCIAL PORT IN TERMS OF THROUGHPUT AND WE ARE ONE OF THE THREE CENTRES.

WHICH

"IN OTHER WORDS, WE ARE ALREADY WELL

CITIES OTHER SECOND AND THIRD LINE BETTER BY HOLDING A WORLD EXPOSITION.

ΤΟ

KNOWN WORLDWIDE, UNLIKE HAVE

TO BE STRUGGLE

A TURNING TO THE POLITICAL DIMENSION, MR SIT WAS WORRIED ABOUT

INTERNATIONALE DES LOSS OF CONFIDENCE IN HONG KONG SHOULD THE BUREAU EXPOSITIONS DECIDE NOT TO CHOOSE THE TERRITORY FOR HOSTING AN EXPO 1997, ESPECIALLY WHEN NO REASON NEEDED TO ACCOMPANY SUCH A DECISION.

J

IN

REQUIRE MUCH MORE "I SUGGEST THAT A SMOOTH TRANSACTION WOULD

EXHIBITS THAN BUILDING IMPRESSIVE EXHIBITION HALLS, COLLECTING WORTHY

. HE SAID. AND FINDING SUFFICIENT VISITORS,

OF

HONG KONG THERE ARE MANY MORE IMPORTANT TASKS AHEAD OF US AND

THE MAINTENANCE MUST CONSERVE AND CONCENTRATE HER ENERGY TOWARDS STEADY ECONOMIC PROGRESS BETWEEN NOW AND 1997.

"THIS CAN BEST BE ACHIEVED THROUGH STRENGTHENING OF

HAND, AND THE ONE

RESTRUCTURING THROUGH INFRASTRUCTURE ON INDUSTRIES TO MEET OVERSEAS DEMANDS ON THE OTHER.

THE

URBAN LOCAL

**

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