XN000022-1991-02-07 — Page 3

THURSDAY, FEBRUARY 7, 1991

2

SIR DAVID POINTED OUT THAT SUCCESS HAD BROUGHT ITS OWN PROBLEMS AND CHALLENGES.

"OVER THR LAST SIX YEARS GOODS HANDLED BY HONG KONG'S AIR CARGO TERMINAL HAVE GROWN BY NEARLY 100 PER CENT. IT IS NOW THE WORLD'S FOURTH BUSIEST INTERNATIONAL TERMINAL,.

"GOODS PASSING THROUGH THE CONTAINER PORT HAVE ALSO GROWN BY ABOUT 100 PER CENT OVER THE LAST SIX YEARS. IT IS NOW AMONG THE WORLD'S TWO BUSIEST," HE SAID.

TO ALLOW FOR THE FUTURE EXPANSION OF TRADE, SIR DAVID SAID HONG KONG HAD HAD TO START PLANNING IN BARNEST FOR THE CONSTRUCTION OF A NEW AIRPORT AND FOR A MAJOR EXPANSION OF ITS PORT.

"THESE PLANS ARE AMBITIOUS. THEY HAVE ΤΟ ВЕ GIVEN THE CONSTRAINTS OF GEOGRAPHY IN THIS TINY TERRITORY. BUT THEY ARE ALSO ESSENTIAL JF HONG KONG IS TO HAVE THE OPPORTUNITY TO GO ON GROWING AND PROSPERING," HE SAID.

PORT OF HK TO MEET CHALLENGES WELL INTO NEXT CENTURY

SERVICE

THE

THE

HONG KONG IS A WORLD-CLASS PORT PROVIDING THE BEST WITH FIRST-CLASS FACILITIES AND IS DETERMINED TO MEET NOT ONLY CHALLENGES OF THE 1990'S BUT INDEED WELL INTO THE NEXT CENTURY, DIRECTOR OF MARINE, MR MICHAEL C.C. SZE, SAID TODAY (THURSDAY).

ON

HE WAS ADDRESSING THE INTERNATIONAL SHIPPERS' CONFERENCE THE SUBJECT "PORT OF HONG KONG: MEETING THE CHALLENGES OF THE 1990'8”.

BEEN AIRPORT,

MR SZE SAID ALTHOUGH THE PORT AND AIRPORT DEVELOPMENT HAD CONSIDERED TOGETHER AND PRESENTED AS A PACKAGE; PORT DEVELOPMENTS WERE INCREMENTAL.

UNLIKE THE

"NEW FACILITIES, AS IS THE PRACTICE ΤΟ DATE, ARE DEVELOPED TO MEET NRW DEMAND AND BROUGHT ON STREAM WHEN THE DEMAND ACTUALLY THERE, HE SAID.

MR SZB OUTLINED THE KEY ELEMENTS OF PORT PORT AND AIRPORT DEVELOPMENT STRATEGY WHICH WILL TO THE YRAR 2011:

ONLY 19

DEVELOPMENT TAKE HONG KONG

IN THE

UP'

NRW CONTAINER TERMINALS

TO

IN

NO. 8 AT STONECUTTERS ISLAND WILL HAVE A CAPACITY OF 1.5 MILLION TRU'S (20-FOOT EQUIVALENT UNITS). LAND DISPOSAL BE COMPLETED BEFORE NEXT MONTH AND FIRST BERTH AVAILABLE THE FIRST QUARTER OF

1993;

/* NO. 9