XN000022-1995-05-10 — Page 48

(b)

(c)

(d)

25 -

After considering all relevant factors including the availability of sites, accessibility of location, building cost and staff reactions, the VTC proposed that the most cost-effective solution is to incorporate the staff quarters into the campus of the Chai Wan Technical College. Taking into account the configuration of the site, a swimming pool already in place had to be demolished to provide enough space for the construction of quarters. In order to maintain a good learning environment with adequate amenities for the students, the relocation of the swimming pool to another part of the campus was approved.

The cost of relocating the swimming pool is about $8 million and the cost of constructing the quarters is about $200 million.

When the proposal to build staff quarters was considered, there were no potential sites available for this purpose. VTC had to accommodate the quarters within one of the campus sites of its two Technical Colleges in Chai Wan and Tsing Yi. For the reasons given in (a) above, the Chai Wan Technical College was selected. Within the campus site, the area of the original swimming pool was found to be the most suitable site for the staff quarters as the other facilities such as lecture halls and administration buildings had already been built.

While maintaining a high-quality learning environment for the students, this project will result in substantial savings of public money. As a result of this construction and relocation arrangement, it is estimated that annual saving in excess of $100 million could be achieved after the costs of constructing the quarters were settled.

End/Wednesday, May 10, 1995