XN000022-1989-02-01 — Page 4

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WEDNESDAY, FEBRUARY 1, 1989

LEAGUE OF

WORLD

RANKED NUMBER ONE

MRS CHAN NOTED THAT HONG KONG WAS IN THE TOP PORTS IN TERMS OF THE VOLUME OF CARGO HANDLED AND WITH REGARD TO THE SHEER NUMBER OF CONTAINERS HANDLED.

THROUGH HONG

OF

WAS

IN

THE

KONG (BY WEIGHT)

HANDLED CONTAINERS

ABOUT HALF OF ALL TRADE CONTAINERISED AND IN 1987 THE NUMBER PORT WAS 3.4 MILLION TEU'S (20-FOOT EQUIVALENT UNITS).

NEARLY 80 PER CENT OF THESE WENT OPERATED BERTHS AT KWAI CHUNG, WHILE THE STREAM OR AT SMALLER PIERS OR JETTIES.

ADDITIONAL

THROUGH THE FIVE PRIVATELY REST WERE HANDLED IN THE

UNDER EXTREME PRESSURE,

WAS TERMINAL 6,

BEING ADDITIONAL BERTHS

NOTING THAT EXISTING FACILITIES WERE MRS CHAN SAID THAT AN

TERMINAL, CONSTRUCTED BY THE PRIVATE SECTOR TO PROVIDE THREE FOR THIRD GENERATION CONTAINER SHIPS.

SECOND ABOUT ΤΟ

THE FIRST BERTH WAS ALREADY OPERATIONAL, THE BECOME SO, AND THE THIRD WOULD FOLLOW LATER THIS YEAR, SHE SAID.

AND

UNDER ADVANCED PLANNING AS REGARDS TERMINAL 7 WHICH WAS

ADJACENT TO TERMINAL 6 CONSTRUCTION, MRS CHAN SAID THAT THE SEABED

THE NEW HAD BEEN SOLD TO A PRIVATE DEVELOPER WHO PLANNED TO COMPLETE TERMINAL WELL AHEAD OF THE 1993 TARGET DATE.

"WHEN

7

THEM, THE

WILL,

BETWEEN CAPACITY. HANDLING

SINCE IT 19 LIKELY то CONTAINER PORT,"

TERMINALS COMPLETED,

6 AND

ROUGHLY DOUBLE HONG

CONTAINER KONG'S COMPLETION OF TERMINAL 7 WILL BE A LANDMARK, EXHAUST THE DEVELOPMENT POTENTIAL OF THE KWAI CHUNG SHE POINTED OUT.

WILL BE A FORMULA, ENSURE THAT

—

"THE TRIGGERING OF TERMINAL 8, LIKE ITS PREDECESSORS, GENERATED FROM APPLICATION OF A 'TRIGGER POINT MECHANISM'

ΤΟ OPERATORS, AGREED WITH THE MAJOR CONTAINER TERMINAL DEVELOPMENT

CONTAINER TERMINAL FACILITIES KEEPS PROJECTED DEMAND," SHE EXPLAINED.

OF

PACE

WITH

ASSESS DEMAND VIEW OF THE FIVE YEAR

SHE SAID IT WAS NECESSARY FOR THE GOVERNMENT TO WELL INTO THE FUTURE ON AN ONGOING BASIS IN LEAD TIME INVOLVED IN DEVELOPING SUCH FACILITIES.

·

ITS OBJECTIVE THESE

AND AREAS WERE COULD BEST

TURNING TO THE GOVERNMENT'S SHIPPING POLICY,

ACTIVITIES IN STRATEGY, MRS CHAN SAID GOVERNMENT AIMED AT CREATING AN ENVIRONMENT IN WHICH HONG KONG TRADE PROSPER.

ROLE "GOVERNMENT'S

IS ΤΟ ENSURE INFRASTRUCTURE AND GOODWILL ARE THERE.

THAT

THE

FACILITIES,

"IT IS THEN UP TO THE TRADING AND SHIPPING THE BEST OF THIS BUSINESS ENVIRONMENT BY DECISIONS ARE REQUIRED TO ACHIEVE THEIR SHE SAID.

то COMMUNITY TAKING WHATEVER COMMERCIAL OWN COMMERCIAL OBJECTIVES,

MAKE

זו

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