XN000022-1995-02-13 — Page 3

Daily Information Bulletin 新聞公報 All

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If this should happen, the overall planning and progress of Phase III development of Tseung Kwan O New Town, including the provision of 12,000 public housing units there, will suffer a setback. Moreover, the living conditions in the cottage area would be adversely affected owing to reclamation works in the vicinity.

"We plan to give residents of the cottage area at least nine months notice prior to the commencement of the clearance. Essential community and public services will be maintained in the area until the clearance is completed," said Mr Wong.

Representatives of the Tiu Keng Leng Cottage Area were briefed on the revised clearance package today (Monday). The Sai Kung District Board will be briefed on February 14 and the Planning, Lands and Works Panel of the Legislative Council as soon as possible.

End/Monday, February 13, 1995

External trade figures classified by country and commodity for Dec and 1994

The Census and Statistics Department today (Monday) released detailed statistics on external trade with breakdown by country/territory and commodity for December and the whole year of 1994.

The value of re-exports continued to increase, by 11% over a year earlier to $82.0 billion in December 1994.

Comparing December 1994 with December 1993, increases were recorded in the value of re-exports to Australia (+40%), Canada (+25%), Japan (+24%), Singapore (+20%), the United States (+11%), Taiwan (+10%) and China (+8.1%). However, the value of re-exports to South Korea, Germany and the United Kingdom decreased by 7.1%, 6.6% and 0.1% respectively.

The changes in the value of Hong Kong's re-exports to the 10 main destinations are shown in Table 1.

The value of re-exports for the whole year of 1994 was $947.9 billion, 15% higher than that in the year 1993.

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