XN000022-1990-08-31 — Page 3

2

FRIDAY, AUGUST 31, 1990

EXAMINING

CRITICALLY EACH ONE OF THE

"WHAT WE ARE DOING NOW IS

VERY AND DECIDING WHETHER IT IS CORE OR NON-CORE. COMPONENT ITEMS BEING SCRUTINISED IS THE RAIL LINK," HE SAID.

SIR POINTING OUT THAT NO DECISION ON THIS HAS YET BEEN MADE, PIERS ADDED: "EVEN IF IT IS DECIDED THAT THE RAIL LINK IS NON-CORE AND THE COULD BE DEFERRED BY A YEAR OR SO, THAT CANNOT BY ANY STRETCH OF

BE IMAGINATION

TAKEN TO IMPLY A LACK OF COMMITMENT TO THE TOTAL PROJECT.

17

EARLIER, SIR PIERS OUTLINED

THE SCOPE OF PADS WHICH HE DESCRIBED AS AN EXCITING BUT ESSENTIAL INVESTMENT IN HONG KONG'S FUTURE.

"WE HAVE SPENT MORE THAN A DECADE ON DETAILED INVESTIGATION AND PLANNING. ANYONE CROSS CHECKING THAT RESEARCH WILL COME INEVITABLY AND INEXORABLY TO THE SAME CONCLUSIONS WE DID," HE SAID.

19

HE POINTED OUT THAT IN THE SEARCH FOR THE NEW AIRPORT SITE, SITES HAVE BEEN EXAMINED IN DETAIL, AND THAT "CHEK LAP KOK IS CLEARLY THE BEST PLACE FOR IT."

ONE STRATEGY POSSIBLE

ON FINANCING OF THE AIRPORT PROJECT, SIR PIERS NOTED THAT OF THE MAIN OBJECTIVES OF PADS WAS TO ENSURE THAT THE WHOLE COULD BE SPLIT INTO PACKAGES THAT WOULD BE AS ATTRACTIVE AS TO PRIVATE SECTOR DEVELOPERS.

"VERY SOON ALL OF US THE DOUBTERS AND BELIEVERS WILL BE ABLE TO SEE FOR OURSELVES TANGIBLE EVIDENCE OF OUR TO DEVELOP THE INFRASTRUCTURE THAT HONG KONG NEEDS.

"THOSE

ALIKE COMMITMENT

WHO MAY BE INCLINED TO HOLD BACK, TO WAIT AND SEE, ARE COURSE FREE TO DO SO. BUT THEY RUN THE RISK OF LOSING OUT,'

OF SAID.

HE

PROPOSALS FOR SECOND COMMERCIAL RADIO SERVICE RECEIVED

THE GOVERNMENT TODAY (FRIDAY) RECEIVED THREE PROPOSALS FROM COMPANIES COMPETING FOR THE RIGHT ΤΟ OPERATE A SECOND COMMERCIAL RADIO SERVICE IN HONG KONG.

THE SECRETARY FOR RECREATION AND CULTURE, MR AUGUSTINE CHUI, SAID: "APPLICATIONS HAVE BEEN RECEIVED FROM REDIFFUSION (HONG KONG) BROADCAST LTD, HONG KONG METROPOLITAN BROADCASTING COMPANY LIMITED, AND METROPOLITAN BROADCASTING, A COMPANY AFFILIATED TO GOLDEN AND DICKSON POON.

HARVEST

/"OVER THE