XN000022-1994-03-22 — Page 14

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TUESDAY, MARCH 22, 1994

HK ABOUNDS WITH WORKS OPPORTUNITIES

OPPORTUNITIES ARE PLENTY FOR PRIVATE SECTOR PARTICIPATION IN HONG KONG'S MAJOR INFRASTRUCTURAL PROJECTS FOR THE COMING YEARS, THE SECRETARY FOR THE TREASURY, MR DONALD TSANG, SAID IN TOKYO TODAY (TUESDAY).

IN

ADDRESSING THE JAPAN FEDERATION OF ECONOMIC ORGANISATION (KEIDANREN), MR TSANG SAID THE GOVERNMENT WAS PARTICULARLY SATISFIED TO SEE THE MANY JAPANESE CONSTRUCTION FIRMS THAT HAD PARTICIPATED THE GOVERNMENT-FUNDED AIRPORT CORE PROGRAMME (ACP) PROJECTS AND HELPED CONTRIBUTE TOWARDS THE REMARKABLE PROGRESS TO-DATE.

JAPANESE COMPANIES HAVE WON THE LARGEST SHARE BY VALUE OF THE

43 MAJOR ACP CONSTRUCTION CONTRACTS AWARDED SO FAR.

"BEYOND THE AIRPORT CORE PROGRAMME, HOWEVER, THERE ARE MANY OTHER MAJOR PORT AND TRANSPORT PROJECTS BEING PLANNED FOR HONG KONG.

"THESE WILL PROVIDE FURTHER OPPORTUNITIES PARTICIPATION,

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HE SAID.

FOR PRIVATE SECTOR

MR TSANG NOTED THAT THE GOVERNMENT WOULD INVEST HEAVILY IN IMPROVEMENTS TO THE ROAD AND RAIL LINKS WHICH SERVED HONG KONG'S TRADE, TOURISM AND INVESTMENT IN CHINA, AS WELL AS THE EVERYDAY OF THE POPULATION.

THE CONSTRUCTION CONTRACTS FOR THE TING KAU BRIDGE AND PARK SECTION OF ROUTE 3 WOULD BE AWARDED SOON, HE SAID.

NEEDS

COUNTRY

EARLY

A MAJOR EXPANSION OF THE LOWU STATION WOULD BE COMPLETED NEXT YEAR, AND THE GOVERNMENT WAS CONSIDERING THE FEASIBILITY OF A NEW RAILWAY TO THE BORDER THROUGH THE NORTHWEST NEW TERRITORIES TO LINK UP WITH THE CHINESE NATIONAL RAIL SYSTEM, HE ADDED.

WAY.

MEANWHILE, PLANNING FOR CONTAINER TERMINALS 10 AND 11 IS UNDER

"A LOT IS INDEED GOING ON AND HONG KONG PROMISES TO BE A REALLY EXCITING PLACE FOR BUSINESS IN THE COMING FEW YEARS.

H

"HONG KONG WILL CONTINUE TO PROSPER AS WE EMBARK ON OUR AMBITIOUS BUT ESSENTIAL WORKS PROGRAMMES TO BUILD FOR THE FUTURE, HE SAID.

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SWD TO DO MORE ON REHABILITATION SERVICES

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THE GOVERNMENT IS DETERMINED TO EXPAND AND PROMOTE REHABILITATION SERVICES, THE DIRECTOR OF SOCIAL WELFARE, MR IAN STRACHAN, SAID TODAY (TUESDAY).

SPEAKING AT THE OPENING CEREMONY OF THE PO LEUNG KUK KING LAM HOSTEL, TSEUNG KWAN O, MR STRACHAN SAID THE SUCCESS IN IMPLEMENTING THE SERVICES DEPENDED ON THE SUPPORT OF NON-GOVERNMENTAL ORGANISATIONS AND OF THE COMMUNITY,

/PO LEUNG