XN000022-1989-07-14 — Page 2

FRIDAY, JULY 14, 1989

GOVT'S MAJOR PROJECTS FIRMLY ON COURSE

* *

BILLIONS

OF

DOLLARS ON THE SECRETARY

THE GOVERNMENT IS COMMITTED TO SPEND PROJECTS FIRMLY IN PLACE OVER THE NEXT 10 TO 15 YEARS, FOR LANDS AND WORKS, MR GRAHAM BARNES, SAID TONIGHT (FRIDAY).

ORGANISED BY THE HONG ADDRESSING THE LU PAN FESTIVAL DINNER

MR BARNES CALLED FOR CONSTRUCTIVE KONG CONSTRUCTION CO-OPERATION OF THE GOVERNMENT AND THE INDUSTRY.

ASSOCIATION,

IN

"I BELIEVE WE HAVE BETWEEN US A GOOD RECORD IN THIS RESPECT

AS A BASIS ON WHICH TO A TRULY CONSTRUCTIVE'

1

"

DEVELOP, HE SAID.

RELATIONSHIP

GOVERNMENT MR BARNES SAID THERE HAD BEEN REAL PROGRESS BETWEEN

MATTERS OTHER

DURING THE PAST AND THE INDUSTRY ON CONTRACTUAL AND

MR YEARS,

BARNES SAW A YEAR. LOOKING AHEAD OVER THE NEXT 10 TO 15 HIGH AND STABLE LEVEL OF PUBLIC SECTOR DEMAND.

LOOK FOR WAYS TO

HE SAID.

TO CONTINUE "THIS WILL REQUIRE US ALL TO ENHANCE THE CAPACITY AND EFFICIENCY OF YOUR INDUSTRY,

YEAR OF AND PROJECTS CENTURY WITH THE

MR BARNES SAID THE GOVERNMENT WAS IN THE PROCESS THIS TAKING STRATEGIC PLANNING DECISIONS ON MAJOR PROGRAMMES DESIGNED TO ENSURE THAT HONG KONG ENTERED THE 21ST FACILITIES AND INFRASTRUCTURE NEEDED.

"IT IS NOT JUST TO MAINTAIN THE QUALITY OF LIFE AND OF ECONOMIC ACTIVITY, BUT TO ENHANCE BOTH," HE ADDED.

THESE PROJECTS INCLUDE:

(1)

THE LEVEL

THE MUCH DEBATED NEED TO DEVELOP THE AIRPORT, WITH A ON WHICH POSSIBILITY

RELOCATION, OF COMPLETE GOVERNMENT WILL DECIDE THIS YEAR.

REAL THE

OF THE PORT, FOR CONTAINER,

(2)

THE CONTINUED DEVELOPMENT CONVENTIONAL AND RIVER TRADE.

(3)

(4)

AND RAIL LINKS, WHICH THE INFRASTRUCTURE, SUCH AS ROAD

THOSE DEVELOPMENTS, AND THE WOULD BE NEEDED TO SUPPORT ASSOCIATED PORT AND AIRPORT BACK UP FACILITIES.

OTHER MAJOR TRANSPORT REQUIREMENTS THAT HAVE BEEN SET IN THE GREEN PAPER ON TRANSPORT POLICY.

BEEN

SPENT

OVER $38 BILLION HAS INFRASTRUCTURE OVER THE PAST 10 YEARS AND THE

OF

HIGHWAY

CONSTRUCTION, PROJECTS UNDER COMMITTED, IS ESTIMATED AT ABOUT $23 BILLION.

OUT

ON

TRANSPORT TOTAL COST OR FIRMLY

/(5)

MEASURES OUTLINED