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"The study will establish a comprehensively designed, computer-based system that can facilitate rapid assessment of redevelopment potential under various circumstances.
"The existing policies, statutory and institutional frameworks and procedures which facilitate or impede private sector redevelopment will be reviewed.
"Moreover, key areas of high redevelopment potential will be identified and possible means for redressing the constraints for redevelopment in these areas will be broadly examined," the spokesman added.
The study began yesterday and will be completed by mid-1996.
End/Friday, March 3, 1995
Improvement to King George V Memorial Park
The Architectural Services Department is inviting tenders for the improvement works for King George V Memorial Park in the Western district.
Works include the construction of an office block, a chess corner, a children's play area, a seven-a-side soccer pitch, a basketball court and sitting-out areas, renovation of the existing garden, and geotechnical improvement works to the slopes. The project is expected to start in May for completion in a year.
Tender forms and further particulars can be obtained from the Architectural Services Department, 34th floor, Queensway Government Offices, 66 Queensway.
Tender offers will close at noon on March 24.
End/Friday, March 3, 1995
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Private notes are available after approval.