XN000022-1994-10-30 — Page 3

2

SUNDAY, OCTOBER 30, 1994

GROWTH

OF

SOME 60 PER CENT

THE BIG RISE IN THROUGHPUT IS BECAUSE OF THE RAPID THE CHINESE ECONOMY, PARTICULARLY IN SOUTHERN CHINA. OF HONG KONG'S THROUGHPUT IS DESTINED FOR, OR COMES FROM, CHINA.

THE PORT

IN

TRAFFIC

GROWTH BEEN ABLE TO COPE WITH THE HAS VOLUME, THANKS, IN PART, TO THE EARLY COMPLETION OF CONTAINER TERMINAL TERMINAL 8 ON STONECUTTERS ISLAND. THE FOURTH BERTH OF THE CONTAINER

NEXT FEBRUARY, BEGAN TAKING 8, ORIGINALLY SCHEDULED FOR COMPLETION VESSELS IN JULY.

HUNG TERMINALS TO

INCREASE IN THE

THIS HAS ENABLED THE KWAI THROUGHPUT BY 29.4 PER CENT TO A TOTAL OF 3.34 MILLION TEUS FIRST SIX MONTHS. BY CONTRAST, MID-STREAM OPERATIONS ROSE BY ONLY ONE PER CENT DURING THE PERIOD TO TOTAL 1.35 MILLION TEUS.

HANDLED BY

THE BIGGEST PERCENTAGE INCREASE WAS IN CONTAINERS RIVER TRADE. THESE INCREASED BY 65.5 PER CENT TO 424,585 TEUS IN FIRST HALF OF THE YEAR.

THE

USE

THE

THIS CONFIRMS THE INCREASING TREND AMONG SHIPPERS TO PEARL RIVER AS A "HIGHWAY" BETWEEN CHINESE CENTRES AND HONG KONG.

CALL

TO COPE WITH INCREASED RIVER TRADE, THE GOVERNMENT

TO COMPANIES

BUILD PRIVATE

AND TENDERS FROM TERRITORY'S FIRST DEDICATED RIVER TRADE TERMINAL.

PLANS ΤΟ

OPERATE THE

EXPECTED

IT WILL BE SITED AT TUEN MUN, AND THE FIRST PHASE IS TO BE IN OPERATION IN 1997.

THE BIG RISE IN THROUGHPUT FOR THE WHOLE PORT MEANS THAT

THE KONG WILL HANDLE MORE THAN 10 MILLION TEUS THIS YEAR. IS, HOW CLOSE WILL THE TOTAL APPROACH 11 MILLION?

0

―

HONG QUESTION

BEDSPACE APARTMENT OPERATORS URGED TO REGISTER

THE CITY AND NEW TERRITORIES ADMINISTRATION (CNTA) HAS URGED ALL OPERATORS OF EXISTING BEDSPACE APARTMENTS ΤΟ APPLY FOR A CERTIFICATE OF EXEMPTION BEFORE THE REGISTRATION PERIOD ENDS IN A MONTH'S TIME.

AN ASSISTANT DIRECTOR OF CNTA, MR TIM STEPHENSON, SAID OPERATORS WERE REQUIRED TO REGISTER WITH THE OFFICE OF THE LICENSING AUTHORITY (OLA) BEFORE NOVEMBER 30 OR FACE A FINE OR IMPRISONMENT.

HE SAID ANY PERSON WHO OPERATED A BEDSPACE APARTMENT WITHOUT A VALID CERTIFICATE OF EXEMPTION OR A LICENCE WOULD BE LIABLE ON CONVICTION TO A FINE OF $100,000 AND IMPRISONMENT FOR TWO YEARS.

THE PERSON WILL ALSO BE LIABLE TO A FINE OF $20,000 FOR EACH DAY DURING WHICH THE OFFENCE CONTINUES.

HE SAID A CERTIFICATE OF EXEMPTION WOULD INITIALLY EXEMPT A BEDSPACE APARTMENT FROM OBTAINING A LICENCE.

/"UPON THE