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Mr Blake explained that since 1977, Government had spent more than $1 billion in the LPM programme. The acceleration and extension of the programme would cost an additional $1.3 billion in capital expenditure and $400 million in recurrent expenditure over the next five years.
"Because of our steep terrain and dense urban development on hillsides, I share the views of many geotechnical experts that Hong Kong would never be entirely free from the threat of landslides. However, the measures we are putting into place will help reduce the risk of landslide to the lowest practical level," Mr Blake said.
End/Friday, March 3, 1995
HK delegation to visit China
The Secretary for the Treasury, Mr Donald Tsang, will be visiting Beijing and Tianjin from March 12 to 19 this year, a Government spokesman announced today (Friday).
He will be accompanied by seven other Hong Kong Government officials.
This is one in a series of sponsored visits between Hong Kong and the mainland of China. The objective of the sponsored visit programme is to increase mutual understanding of Chinese and Hong Kong Government officials on each other's systems and ways of life.
The last similar visit, which took place in November last year, was led by the Secretary for Education and Manpower, Mr Michael Leung.
End/Friday, March 3, 1995
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