XN000022-1988-11-09 — Page 35

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WEDNESDAY, NOVEMBER 9, 1988

THE PORT AND AIRPORT ΤΟ MAKE EXPECTED WAS

ΤΟ THE YEAR AIRPORT AND

WAS CONSULTANCIES ONE OF THE LARGEST

WHICH (PADS) STUDY STRATEGY DEVELOPMENT PROPOSALS FOR THE DEVELOPMENT OF THE PORT 2011.

SHORTLY FULL

MAKE RECOMMENDATIONS

PORTS 8 AND 9, THE

HE ADDED.

TO EXPECTED "ALTHOUGH PADS IS REGARDING THE LOCATION OF CONTAINER RECOMMENDATIONS WILL NOT BE AVAILABLE UNTIL MID 1989,

**

TERM, THE SHORT AS TO WHAT WAS BEING DONE IN ADDITIONAL MOORINGS WERE PLANNED TO PROVIDE A SHORT TERM CAPACITY BY ABOUT 20 PER CENT.

"THIS TOGETHER WITH A MORE

MR HALL SAID INCREASE IN

UTILISATION

CAN (EVEN

BOOKING SYSTEM AND SOPHISTICATED

BE FIGURES) GROWTH PRESENT WITH BETTER SUFFICIENT UNTIL THE MID 1990'S," HE SAID.

HE STRESSED THAT CAPACITY IT WAS BY NO MEANS AT SATURATION LEVEL.

ALTHOUGH

THE BUOY

WAS SYSTEM

APPROACHING

FREE TRADE CREATES MORE WEALTH

RESULT IN THE SZE, SAID

WILL SYSTEM IN

KONG HONG THE OPEN TRADING CREATION OF MORE WEALTH, THE DIRECTOR OF TRADE, MR MICHAEL TODAY (WEDNESDAY).

FOR SPEAKING AT THE OPENING OF INTERSTOFF ASIA '88, MR SZE SAID THE BUYING AND FREE OPPORTUNITIES

ADVANTAGE GOVERNMENT FIRMLY BELIEVED THAT

COMPARATIVE SELLING BETWEEN COUNTRIES AND TERRITORIES WITH IN DIFFERENT PRODUCTS WOULD RESULT IN THE CREATION OF MORE WEALTH ROUND.

ALL

"ARTIFICIAL

PROTECTIVE

MEASURES,

SUCH AS QUANTITATIVE IMPORTS OR SWINGEING ADVERSELY AFFECT

RESTRICTIONS WHICH PUT AN ARBITRARY CEILING ON IMPORT DUTIES, ONLY SERVE TO DISTORT TRADE AND WILL THE CREATION OF WEALTH IN THE LONG RUN.

SECTORS SPECIFIC BENEFIT MIGHT MEASURES "SUCH

TRADING SYSTEM SHORT-TERM, BUT THEIR DAMAGE TO THE MULTILATERAL

BY

MR THEM, THE CREATION OF WEALTH FOR EVERYBODY IN THE LONGER TERM FAR OUTWEIGHED THE IMMEDIATE AND SECTORAL BENEFITS BROUGHT ABOUT SAID.

IN THE AND

"

SZE

/ON THE ..