XN000022-1992-09-26 — Page 2

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SATURDAY, SEPTEMBER 26, 1992

ANOTHER WEST KOWLOON RECLAMATION CONTRACT AWARDED

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THE GOVERNMENT HAS AWARDED AN $821 MILLION CONTRACT FOR THE RECLAMATION OF THE YAU MA TEI TYPHOON SHELTER AND REPROVISIONING OF WATERFRONT ACTIVITIES WHICH FORMS PART OF THE WORK ON THE WEST KOWLOON RECLAMATION PROJECT.

THE CENTRAL TENDER BOARD YESTERDAY (FRIDAY) AWARDED THE CONTRACT то A HONG KONG, DUTCH AND ITALIAN CONSORTIUM AFTER CONSIDERING SIX BIDS WHICH RANGED FROM $588 MILLION TO $1,157 MILLION.

THE CONSORTIUM, UNIVERSAL DOCKYARD LTD/D. BLANKEVOORT INTERNATIONAL DREDGING COMPANY/DRAGOMAR S.P A.

JOINT VENTURE, SUBMITTED THE SECOND LOWEST TENDER, WHICH WAS WITHIN THE GOVERNMENT'S ESTIMATE.

THE LOWEST TENDER WAS NOT ACCEPTED BECAUSE IT DID NOT COMPLY WITH THE TENDERING PROCEDURES AND CONDITIONS.

IT

THE CONTRACT IS PART OF THE AIRPORT CORE PROGRAMME (ACP). BRINGS THE NUMBER OF GOVERNMENT FUNDED CONTRACTS IN THE ACP LET SO FAR TO 16, WITH A TOTAL VALUE OF $17.13 BILLION.

OFFICE,

THE DIRECTOR OF THE NEW AIRPORT PROJECTS CO-ORDINATION MR RAFAEL HUI, SAID TODAY (SATURDAY) THAT ALL 16 CONTRACTS WERE WITHIN PROJECT ESTIMATES.

"THIS DEMONSTRATES THAT ALL ACP PROJECTS ARE BEING BUILT IN A COST-EFFECTIVE WAY, MR HUI SAID.

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"THIS IS ACHIEVED BY

RIGOROUS EXAMINATION

DESIGNS, TIGHT CONTROL OVER CHANGES IN PROJECT LIMITATION OF PROJECT COSTS, A REGIME OF FIXED PRICE COMPETITIVE TENDERING," HE ADDED.

OF PROJECT SCOPE, CASH CONTRACTS AND

WORK ON THE YAU MA TEI CONTRACT IS SCHEDULED ΤΟ BEGIN NEXT MONTH AND IS EXPECTED TO BE COMPLETED IN 32 MONTHS.

IT INVOLVES THE RECLAMATION OF ABOUT 68 HECTARES OF LAND, CONSTRUCTION OF 180 METRES OF SEAWALL AND REPROVISIONING OF WATERFRONT FACILITIES INCLUDING A SALT WATER PUMPING STATION, A PUBLIC CARGO WORKING AREA ADMINISTRATION BUILDING AND A MARINE OFFICE.

THE WEST KOWLOON RECLAMATION IS ONE OF THE 10 KEY PROJECTS IN THE ACP. THE RECLAMATION ALONG THE WEST KOWLOON WATERFRONT FROM YAU MA TEI TO LAI CHI KOK WILL PROVIDE ABOUT 330 HECTARES OF LAND FOR TRANSPORT LINKS FOR THE NEW AIRPORT AT CHEK LAP KOK.

IN ADDITION, THE PROJECT WILL PROVIDE LAND FOR VARIOUS COMMERCIAL AND RESIDENTIAL USES AS WELL AS OPEN SPACE FOR RECREATIONAL PURPOSES.

/THE PROJECT