XN000022-1994-07-28 — Page 7

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THURSDAY, JULY 28, 1994

THE

OPPORTUNITIES CAN BE MAXIMISED IF THE STATION WERE TO BE RELOCATED FROM FORBES STREET TO THE SITE VACATED BY THE WHOLESALE MARKET AND ABATTOIR.

THE TRAM NETWORK SHOULD BE EXTENDED ONTO THE RECLAMATION, ALONG THE NEW WATERFRONT, TO A TERMINUS NEAR THE URBAN FRINGE PARK.

NEW FRANCHISED BUS SERVICES TO FOUR DESTINATION AREAS ARE PROPOSED, THEY ARE: CROSS HARBOUR, CENTRAL AND EASTERN, POK FU LAM AND SOUTHERN, AND LOCAL WITHIN WESTERN.

GREEN MINI-BUSES SHOULD BE USED ONLY TO FILL IN GAPS IN THE FRANCHISED BUS NETWORKS ON THE RECLAMATION.

MEANWHILE, MR CHAU NOTED THAT THE RECLAMATION WOULD PROVIDE OPPORTUNITIES FOR URBAN RENEWAL IN KENNEDY TOWN AS DEVELOPMENT ON THE NEW RECLAMATION WOULD FACILITATE AND ENCOURAGE UPGRADING.

"OPTIONS FOR THE MTR AND A STATION LOCATION IN KENNEDY TOWN

WILL BE AN IMPORTANT CATALYST FOR URBAN RENEWAL.

"THE BELCHER BAY AREA WILL PROVIDE A SIGNIFICANT CONTRIBUTION TOWARDS THE SHORTFALLS IN GOVERNMENT/INSTITUTION AND COMMUNITY AND OPEN SPACE PROVISION IN KENNEDY TOWN,

"SITES RELEASED BY THE REPROVISIONING OF THE WHOLESALE MARKET, THE ABATTOIR, INCINERATOR, GREEN ISLAND CEMENT COMPANY AND OTHER WATERFRONT ACTIVITIES WILL STIMULATE THE POTENTIAL FOR NEW DEVELOPMENT IN THE AREA.

AT THE SAME TIME, SIGNIFICANT IMPROVEMENT IN ENVIRONMENTAL QUALITY KILL BE ACHIEVED BY THE RELOCATION OF THESE SOURCES OF NUISANCE..

SHORT AND LONG TERM AMENDMENTS WILL HELP INTEGRATE KENNEDY TOWN WITH THE NEW RECLAMATION AND ITS URBAN COMMUNITY.

RECLAMATION WILL BE CARRIED OUT IN PHASES COMMENCING NEXT YEAR.

THE TOTAL COST FOR THE RECLAMATION, DRAINAGE AND ROAD NETWORK, EXCLUDING THE GREEN ISLAND LINK IS ESTIMATED AT $7,250 MILLION AT 1991 COSTS.

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CLOSE WATCH ON U.S. PROPOSALS TO CHANGE ORIGIN RULES FOR TEXTILES AND CLOTHING

MONITORING

THE GOVERNMENT IS DEEPLY CONCERNED WITH AND CLOSELY THE DEVELOPMENT OF RECENT LEGISLATIVE PROPOSALS MADE IN THE UNITED STATES CONGRESS TO CHANGE U.S. RULES OF ORIGIN FOR TEXTILES AND CLOTHING GOODS, THE DIRECTOR-GENERAL OF TRADE, MR TONY MILLER, SAID TODAY (THURSDAY).

"WE

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NEED TO ASSESS VERY CAREFULLY THE POSSIBLE IMPACT ON KONG'S EXPORTS OF TEXTILES AND APPAREL TO THE U.S. AND OUR UNDER THE EXISTING BILATERAL AGREEMENT," HE SAID.

HONG RIGHTS

/AMENDMENTS WERE