XN000022-1992-09-14 — Page 17

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MONDAY, SEPTEMBER 14, 1992

HE SAID POLLUTION IN TOLO HARBOUR IN THE NEW TERRITORIES

WOULD

BE SUBSTANTIALLY CURTAILED WHEN THE TOLO HARBOUR ACTION PLAN WAS FULLY

IMPLEMENTED.

"AS

PART OF THIS, SOON BE COMMISSIONED AT A

PHASE I OF THE EFFLUENT EXPORT SCHEME WILL

COST OF $453 MILLION.

++

*IN ADDITION, PART

OF

THE NORTHWEST NEW TERRITORIES DEVELOPMENT SEWERAGE SCHEME WILL BE SUBSTANTIALLY COMPLETED DECEMBER THIS YEAR AT A COST OF NEARLY $800 MILLION," HE SAID,

IN

SAID

ON THE FUNDING OF THESE ENVIRONMENTAL PROJECTS, MR COOPER APART FROM INDIRECT FUNDING FROM GOVERNMENT REVENUES, PART OF THE SOLUTION WAS APPLYING THE POLLUTER-PAYS PRINCIPLE WHICH COULD BE APPLIED FAIRLY AND PRECISELY IF CHARGES FOR SEWAGE SERVICES IN HONG KONG WERE TO BE INTRODUCED,

ON BUSINESS OPPORTUNITIES IN THE ENVIRONMENT, HE SAID THERE WAS A GROWING INVESTMENT MARKET FOR ENVIRONMENTAL GOODS AND SERVICES.

"A RECENT ESTIMATE PUTS THIS MARKET AT $200 BILLION, AND BY 2000, IT IS EXPECTED TO REACH $300 BILLION," HE SAID.

GREEN

MR COOPER ALSO URGED HONG KONG BUSINESSMEN TO ACT IN ORDER TO SUSTAIN THE ECONOMY AND TO PROVIDE ENVIRONMENT FOR THE FUTURE GENERATIONS.

AND THINK A HEALTHY

SIGNIFICANT GROWTH IN SHRIMPS TRADE RECORDED

* * *

HONG KONG HAS MAINTAINED A SIGNIFICANT GROWTH IN THE TRADING OF SHRIMPS IN RECENT YEARS, THE DIRECTOR OF AGRICULTURE AND FISHERIES, DR LAWRENCE LEE, SAID TODAY (MONDAY) AT THE OPENING OF THE THIRD GLOBAL CONFERENCE ON THE SHRIMP INDUSTRY.

TRADE,

"AS PART OF THE TERRITORY'S GROWING ENTREPOT

IMPORTS OF SHRIMPS HAVE INCREASED BY MORE THAN TWOFOLD TO 49,000 TONNES, VALUED AT SOME $1,900 MILLION, OVER THE PAST DECADE, DR LEE SAID.

"I

"ABOUT 60 PER CENT OF THESE IMPORTS ARE RE-EXPORTED, THE USA AND JAPAN.' HE NOTED.

H

MOSTLY TO

HE SAID HONG KONG PEOPLE WERE ALSO BIG CONSUMERS OF SHRIMPS.

PRODUCTS, WITH A

"THEY HAVE ALWAYS BEEN VERY FOND OF FISHERY PER CAPITA CONSUMPTION OF 50 KILOGRAMS LAST YEAR, HE ADDED.

AMONG THE POPULAR SEAFOOD DISHES, SHRIMP OCCUPIES AN

IMPORTANT PLACE WITH A DAILY CONSUMPTION 14 PER CENT OF ALL SEAFOOD CONSUMED.

OF 80 TONNES,

REPRESENTING

/"EXCEPT FOR