XN000022-1990-02-26 — Page 5

MONDAY, FEBRUARY 26, 1990

"BUT WE ALSO RECOGNISED THAT ATTEMPTS TO INVEST MAJOR RESOURCES IN URBAN RENEWAL IN OTHER PARTS OF THE WORLD HAD MET WITH VARYING DEGREES OF SUCCESS AND THAT GREAT PROBLEMS HAD DEVELOPED BECAUSE OF THE WAYS IN WHICH DEVELOPMENT CORPORATIONS HAD GONE ABOUT THEIR BUSINESS, HE SAID.

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SIR DAVID SAID THAT THE CORPORATION UNDER THE ABLE CHAIRMANSHIP OF MR F.K. HU HAD A STRONG TRAM FROM THE PRIVATE AND GOVERNMENT SECTORS TO ENSURE SUCCESS.

"I AM VERY MUCH PROFESSIONALISM WITH WHICH OPERATIONAL FRAMEWORK FOR THE

ENCOURAGED

BY THE ENTHUSIASM THEY HAVE TACKLED THE PLANNING AND LAND DEVELOPMENT CORPORATION.

AND

I

"THE RESPONSE FROM THE PRIVATE SECTOR HAS BEEN EXCELLENT AND AM SURE WE HAVE PRODUCED A FORMULA IN TERMS OF PEOPLE AND ORGANISATION WHICH WILL SEE THIS DIFFICULT JOB THROUGH, HE ADDED.

**

SIR DAVID NOTED THAT THE THIRD STREET PROJECT WAS THE FIRST A SERIES OF EIGHT DEVELOPMENTS WHICH THE CORPORATION HAD IN PIPELINE.

IN

THE

THE

"IN ADDITION TO PROVIDING PUBLIC FACILITIES ΤΟ IMPROVE ENVIRONMENT, THIS DEVELOPMENT WILL PROVIDE REHOUSING FOR THE CORPORATION'S OTHER RENEWAL SCHEMES IN NEARBY AREAS.

"SO THE THIRD STREET PROJECT WILL TRIGGER AN ONGOING DEVELOPMENT PROGRAMME FOR YEARS TO COME, HE SAID.

I

SIR DAVID SAID IT WAS MOST ENCOURAGING THAT THE CORPORATION AND NEW WORLD DEVELOPMENT COULD UNDERTAKE THE PROJECT AS A JOINT VENTURE, ADDING THAT HE HAD NO DOUBT THAT THE EXPERIENCE AND EXPERTISE OF BOTH WOULD ENSURE THIS PROJECT WORKED WELL.

0

MEASURES TAKEN TO SAFEGUARD GARMENT MANUFACTURERS' INTERESTS

THE

THE GOVERNMENT HAS TAKEN A SERIES OF MEASURES TO SAFEGUARD

OF INTERESTS OF LOCAL GARMENT NANUFACTURERS AND EXPORTERS IN THE WAKF

THE SECRETARY FOR TRADE AND OVERSEAS ANTI-DUMPING INDUSTRY, MR JOHN CHAN, SAID THIS (MONDAY) EVENING,

ACCUSATIONS,

OF THE FEDERATION OF GARMENT SPEAKING AT THE ANNUAL DINNER

OF MANUFACTURERS, MR CHAN SAID THESE INCLUDED MONITORING THE PROGRESS

CONTENT; SEEKING ADVICE FROM THE SUCH ACCUSATIONS; STUDYING THEIR

AND CONDUCTING CONSULTATIONS

LEGAL COMMUNITY AND CONCERNED PARTIES; AND DISCUSSIONS WITH IMPORTING COUNTRIES THROUGH EVERY LEGAL CHANNEL.

/"WE HAVE