XN000022-1994-03-25 — Page 7

FRIDAY, MARCH 25, 1994

MILESTONE FOR DRAINAGE SERVICES IN HK

THE

ARRANGEMENT

TACKLE

OPERATION OF SEWAGE SERVICES UNDER A TRADING FUND WILL ALLOW

(DSD) THE DRAINAGE SERVICES DEPARTMENT PROBLEM THE

OF WATER POLLUTION MORE

EFFECTIVELY

то AND

ECONOMICALLY.

THIS WAS STATED BY THE SECRETARY FOR WORKS, MR JAMES BLAKE, TODAY (FRIDAY).

MR BLAKE AND THE DIRECTOR OF DRAINAGE SERVICES, MR SIU CHUEN, SIGNED A FRAMEWORK AGREEMENT WHICH SETS OUT THEIR RESPECTIVE ROLES AND RESPONSIBILITIES FOR MANAGING THE SEWAGE SERVICES TRADING FUND.

"TODAY'S CEREMONY MARKS AN IMPORTANT STEP FORWARD FOR THE

SERVICES DEPARTMENT

AND (DSD), ITS STAFF

THE PEOPLE OF

WHO KONG

ARE CONCERNED AT THE GROWING

OF PROBLEM

WATER POLLUTION," HE NOTED.

DRAINAGE HONG

THE LEGISLATIVE COUNCIL ON MARCH 9 APPROVED THE ESTABLISHMENT OF THE SEWAGE SERVICES TRADING FUND IN THE DSD.

то

DIRECTOR THE

OF DRAINAGE SERVICES WAS DESIGNATED GENERAL OF THE TRADING MANAGER

AND FUND ON MARCH 11

HE IS CONSEQUENTLY PERFORMANCE THE SECRETARY FOR WORKS FOR THE RESPONSIBLE

OF THE

TRADING FUND.

"FOR MY PART, I AM REQUIRED TO CO-OPERATE WITH THE DIRECTOR AGREEING PERFORMANCE STANDARDS AND ASSESSING THAT PERFORMANCE.

IN

"1

AM 1

REQUIRED TO APPROVE A BUSINESS PLAN DIRECTOR WILL HAVE TO OPERATE.

WITHIN WHICH

THE

"IN

RESPONSIBLE ADDITION, THE DIRECTOR WILL BE PERSONALLY THE LEGISLATIVE COUNCIL AND TO THE PUBLIC FOR THE PERFORMANCE OF FUND,' MR BLAKE EXPLAINED.

"

то

THE

THE

EARMARKED INFRASTRUCTURE WORKS.

FOR THE

HIGH

ON THE OPERATIONS OF THE TRADING FUND, MR BLAKE SAID, INITIALLY $6.8 BILLION TRADING FUND WOULD BE RESPONSIBLE FOR MANAGING THE

PRIORITY PROGRAMME OF NEW SEWERAGE

FUND,

HE STRESSED THAT

THERE WAS TRADING PROJECTS IN THE FUTURE.

THE THESE FUNDS UNDER BY ACCOUNTING FOR

BEING NO CHANCE OF THEM

USED FOR OTHER

NORMAL APPROVING

THE AS A TRADING FUND IS NOT SUBJECT TO "FURTHERMORE, PUBLIC

PROCEDURES WORKS

FOR AUTHORISING

AND WORKS EXPENDITURE, WE WILL BE BETTER ABLE TO FAST TRACK' THESE PROJECTS AS TO KEEP THEM ON SCHEDULE, HE SAID.

SO

SEWAGE SERVICES

MR BLAKE EXPLAINED THAT ONCE NEW CHARGES FOR WERE INTRODUCED, THE COST OF OPERATING AND MAINTAINING SEWAGE SERVICES WOULD BE WOULD BE ACCOUNTED FOR SEPARATELY IN THE TRADING FUND AND COVERED BY REVENUE FROM THE NEW CHARGES.

/"THESE CHARGES