XN000022-1992-05-18 — Page 3

2

MONDAY, MAY 18, 1992

WITH

IT

"THE RESULT LAST YEAR WAS A GOOD, WORKABLE MEMORANDUM OF UNDERSTANDING. NOW THE AIRPORT AND THE PROJECTS ASSOCIATED HAVE MOVED FROM THE NEGOTIATING TABLE TO THE DRAWING BOARD AND THEN TO WHERE IT REALLY MATTERS, TO WORK ON SITE.

"TOGETHER, THE 10 PROJECTS IN THE

AIRPORT CORE PROGRAMME CURRENT INFRASTRUCTURE

AMOUNT TO THE WORLD'S MOST EXCITING DEVELOPMENT. THEY WILL PROVIDE HONG KONG WITH A SPRINGBOARD FOR ECONOMIC GROWTH INTO THE NEXT CENTURY, THE GOVERNOR SAID.

++

NOTING THAT THE NEW AIRPORT WAS CLEARLY REQUIRED TO REPLACE PROVIDE KAI TAK, THE GOVERNOR SAID THE AIRPORT RAILWAY WOULD NOT ONLY THE DIRECT RAIL ACCESS TO CHEK LAP KOK WHICH A MODERN AIRPORT NEEDED.

IT WOULD ALSO BE OF IMPORTANT BENEFIT TO LOCAL COMMUNITIES KOWLOON AND ON LANTAU.

IN

"HONG KONG FACES AN IMPORTANT CHALLENGE AS THIS EXCITING

THROUGH VISION IS CARRIED

TO REALITY. THE MOMENTUM IS ALREADY BUILDING UP AS DESIGNS ARE COMPLETED, CONTRACTS LET, AND SITE BEGINS.

WORK

"WE, THE GOVERNMENT, LOOK TO YOU IN THE BUSINESS COMMUNITY GIVE THIS PLAN FOR THE FUTURE YOUR WHOLEHEARTED SUPPORT, SO THAT CAN ALL WORK TOGETHER TO MAKE IT A REALITY," THE GOVERNOR SAID.

LORD WILSON POINTED OUT THAT HONG KONG HAD SHOWN THAT IT HAD REMARKABLE ABILITY TO COPE WITH THE CHALLENGE OF DIFFICULT TIMES.

BUT HONG KONG HAD ALSO BEEN GOOD AT THE QUIET, STEADY EQUALLY IMPORTANT WORK OF MAKING LIFE BETTER FOR ALL MEMBERS COMMUNITY.

-

ON

то

WE

A

AND

OF THE

HAD NEW FLATS 1990'S, 400,000 MORE

HE SAID IN THE PAST FIVE YEARS, THE HOUSING AUTHORITY,

NEW FLATS BUILT 215,000

A RATE THAT MADE ROUGHLY 120 EVERYDAY SEVEN DAYS A WEEK. BY THE END OF THE FLATS WOULD BE BUILT.

―

LEVEL ALSO, THE GOVERNMENT HAD DOUBLED THE NUMBER OF TERTIARY

PLACES IN THE EDUCATION FIRST-YEAR FIRST-DEGREE

FROM ABOUT SYSTEM

FURTHER 5,000 TO OVER 10,000. ADD TO THAT, IN THE NEXT THREE YEARS A 4,500 PLACES WOULD BE ADDED.

THE GOVERNMENT HAD ALSO PROVIDED 6,300 ADDITIONAL HOSPITAL BEDS OVER THE PAST FIVE YEARS.

"WE HAVE INVESTED OVER $5 BILLION DOLLARS SO FAR IN CAPITAL WORKS TO IMPROVE THE ENVIRONMENT, THE GOVERNOR SAID.

THE SAID

NOTING

FROM THAT HONG KONG WAS A SOCIETY WHICH HAD MOVED THIRD WORLD TO THE FIRST WORLD IN TWO GENERATIONS, THE GOVERNOR THE PRAGMATISM AND DYNAMISM WHICH MADE THIS POSSIBLE REMAINED THE MAIN CHARACTERISTICS OF HONG KONG TODAY.

KONG'S PAST

OR A

AND

THE

THE GOVERNOR SAID TWO KEYS TO UNDERSTANDING HONG

WERE THE IMPATIENCE SUCCESS AND ITS PROSPECTS FOR THE FUTURE

IMPROVEMENTS IN THE QUALITY OF LIFE FUNDAMENTAL STRENGTH OF THE ECONOMY.

RESTLESSNESS

FOR

/"HONG KONG