|
7
MONDAY, MARCH 21, 1994
STATEMENT ON POST-1997 INVESTMENT
ARTICLE
PRESS IN RESPONSE TO
TODAY
ENQUIRIES
"FREE
THE
NOT
ABOUT AN ENGLISH FUTURE
(MONDAY) ENTITLED ADMINISTRATIVE REGION (HKSAR)
NEWSPAPER
SPECIAL
TO
HONG KONG
OWED TO PAY BILLIONS FIRMS", A GOVERNMENT SPOKESMAN ISSUED THE FOLLOWING STATEMENT:
+
"THE JOINT DECLARATION MAKES CLEAR THAT AFTER THE ESTABLISHMENT OF THE HKSAR, THE LAWS PREVIOUSLY IN FORCE IN HONG KONG, WHICH INCLUDE THE LAW OF CONTRACT, SHALL BE MAINTAINED, SAVE FOR ANY THAT CONTRAVENE THE BASIC LAW AND SUBJECT TO ANY AMENDMENT BY THE HKSAR LEGISLATURE.
VALID UNDER "ACCORDING TO THE BASIC LAW, CONTRACTS WHICH ARE HONG KONG'S EXISTING LAWS WILL CONTINUE TO BE VALID AND RECOGNISED AND PROTECTED BY THE HKSAR, PROVIDED THAT THEY DO NOT CONTRAVENE THE BASIC LAW.
"AS
THE
GOVERNMENT A MATTER OF CURRENT PRACTICE, WE DISCUSS MAJOR FRANCHISES AND CONTRACTS STRADDLING 1997 WITH THE CHINESE SIDE OF JOINT LIAISON GROUP.
"THESE DISCUSSIONS HAVE BEEN PRODUCTIVE IN THE PAST AND WE HAVE THEY HOLD A NOTED THAT THE CHINESE SIDE HAVE SAID MANY TIMES THAT POSITIVE ATTITUDE TO POST-1997 INVESTMENT IN HONG KONG.
1+
0
MECHANICAL CONTRACT FOR NORTH LANTAU WATER SUPPLY AWARDED
CENTRAL
*
TENDER BOARD
HAS
THE AWARD OF A CORE PROGRAMME
APPROVED
AIRPORT HN; } .
THE $38.73 MILLION WATERWORKS CONTRACT UNDER THE (ACP) TO ASEA BROWN HOVERI LIMITED OF
AT
SUPPLY PROJECT THE CONTRACT IS PART OF THE NORTH LANTAU WATER
CHEK TO PROVIDE A PERMANENT FRESH WATER SUPPLY TO THE NEW AIRPORT
PROPOSED DEVELOPMENTS IN LAP KOK, THE TUNG CHUNG NEW TOWN AND OTHER THE NORTH LANTAU.
++
M
R
SIU
EACH
OF
THE
IT COVERS THE SUPPLY AND INSTALLATION OF PUMPING PLANTS AT
STATIONS. PUMPING HO WAN TREATED WATER AND PUT O PUMPING STATIONS WILL BE INSTALLED WITH FOUR PUMPSETS.
WORKS WHICH INVOLVE THE HO WAN RAW WATER
THE CONTRACT ALSO COMPRISES NON-ACP SUPPLY AND INSTALLATION OF A PUMPING PLANT AT SIU PUMPING STATION.
VALUED WORKS,
AT ABOUT $11 ECONOMICAL
MORE
IT WAS DECIDED TO INCLUDE THESE MILLION IN THE CONTRACT AS IT IS MORE CONVENIENT AND TO CARRY OUT WORKS AT THE SAME TIME IN THE SAME LOCATION,
/WORKS WILL
No comments yet.
Private notes are available after approval.