XN000022-1990-10-22 — Page 2

MONDAY, OCTOBER 22, 1990

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HK MUST STRENGTHEN ITS ROLE TO PROVIDE SERVICE TO CHINA

BY

ONE OF HONG KONG'S MAJOR ROLES MUST CONTINUE TO BE TO PROVIDE A MART FOR THE EXCHANGE OF GOODS AND RESOURCES GENERATED AND NEEDED

ENTERPRISES PRODUCTIVE

SECRETARY, IN THE HINTERLAND, THE CHIEF DAVID FORD, SAID TODAY (MONDAY).

SIR

URBAN

WHAT

THERE

ADDRESSING THE PACIFIC RIM CONFERENCE ON DEVELOPMENT AND GROWTH, SIR DAVID POINTED OUT THAT HONG KONG WAS TO SOUTH CHINA ROTTERDAM WAS TO EUROPE, OR NEW YORK TO THE EAST COAST AND THAT WAS A CLEAR, COMPLEMENTARY ECONOMIC RELATIONSHIP BETWEEN HONG KONG AND THIS WIDER HINTERLAND.

HB

SAID THAT

DEEP WATER PORT ON CAPACITY AND HONG KONG DEVELOPMENT OF

NEW TRANSPORT LINK FOR THE PEARL RIVE

INCREMENTAL

NEW PROVIDING

HONG KONG BEING THE BEST CHINA'S SOUTHERN COAST WAS FAST APPROACHING

THE BY THAT ROLE MUST STRENGTHEN TERMINALS IN ITS WESTERN HARBOUR, BY ACROSS OUR BORDER, AND BY EXPANDING FACILITIES TRADE.

"A

KEY PART OF THIS IS OUR DECISION TO AIRPORT AT CHEK LAP KOK ON NORTH LANTAU.

BUILD

A

REPLACEMENT

"IT MUST BE CONSIDERED AS AN ENTREPOT FACILITY BECAUSE OF CENTRAL ACCESSIBILITY TO THE TRIANGLE OF POTENTIAL URBAN GROWTH HE SAID. CORNERS ARE MARKED BY HONG KONG, GUANGZHOU AND MACAU,

SIR

DAVID POINTED

T

ITS

WHOSE

WHEN ONE (SUCH

AS

OUT

WAS THAT THERE

NO DOUBT CONSIDERED METROPOLITAN PARALLELS ELSEWHERE IN THE WORLD GREATER LONDON, LOS ANGELES AND THE CENTRAL INDUSTRIAL BASE OF NORTH THE PBARL EUROPE) THAT THE LONG TERM URBAN DEVELOPMENT POTENTIAL OF RIVER DELTA WAS SUCH THAT THE THREE AIRPORTS CURRENTLY PLANNED AT CHEK BE LAP KOK IN HONG KONG, HUANGTIAN NEAR SHENZHEN AND MACAU WOULD ALL REQUIRED.

OUTLINING THE

ACHIEVEMENTS OF HONG KONG DEVELOPMENT IN THE PAST DECADES, SIR DAVID SAID ALL ACHIEVED

PROGRESSIVE THE

IMPLEMENTATION STRUCTURED HOUSING-LED DEVELOPMENT PROGRAMME.

THROUGH

IN ITS CITY THIS OF A

MODEST INITIAL

"WE HAVE BUILT ON BASICS: PROGRESSIVELY IMPROVED AS OUR ECONOMY GREW IN STRENGTH.

HAD BERN CAREFULLY

STANDARDS

UP OUR "PERIODICALLY, WE PAUSE, TAKE A DEEP BREATH AND GIRD

KEY INFRASTRUCTURAL FACILITIES FOR A MAJOR UPGRADING OF LOINS MASSIVE RESERVOIRS WHERE ONCE WAS SEA AND ISLANDS; TERRITORY-WIDE MASS THE TRANSPORT SYSTEMS; HUGE POWER STATIONS (PRIVATELY BUILT) AND NOW

PORT AND AIRPORT BIGGEST STEP OF ALL, THE DOUBLING IN SIZE OF OUR FACILITIES.

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SIR DAVID SAID THE CAPITAL INVESTMENT IN SUCH WORKS WAS VERY SUBSTANTIAL $25 BILLION FOR THE MTR ALONE.

-

OFTEN

/"BUT WE