XN000022-1995-07-02 — Page 8

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Over 76 per cent of the works on the North Lantau Expressway which links the airport and Tung Chung new town to the Lantau Fixed Crossing has been completed.

The West Kowloon Expressway which will run from the Route 3 Kwai Chung Viaduct to the Western Harbour Crossing toll plaza is 47 per cent complete.

West Kowloon Reclamation

Nearly all reclamation works on the West Kowloon Reclamation project has been completed. The 334 hectare reclamation, the largest ever undertaken in the urban area, has increased the size of the Kowloon peninsula by one-third. The project is now focused on the construction of roads and associated drainage and sewerage systems. Overall, the project is 83 per cent complete.

Tung Chung new town

Work on the Tung Chung new town on north Lantau is 46 per cent complete and the first Home Ownership Scheme blocks are under construction.

Mr Lam said so far, a total of 144 major contracts valued at $89.7 billion had been awarded under the $158.2 billion ACP by the Government, the PAA, the MTRC and the Western Harbour Tunnel Company Limited.

"These contracts have participants from countries worldwide. Taking the lead are companies from Japan (25 per cent by value), followed by Hong Kong (23 per cent), the United Kingdom (16 per cent), China (8 per cent), the Netherlands (6 per cent) and France (6 per cent).

"Companies from Belgium, New Zealand, Spain, Australia, United States, Germany, Italy, South Africa, Austria, Denmark have also been awarded contracts,' Mr Lam said.

"Based on the very competitive contract prices we have received under our fair and open tender system and because of the very stringent cost control mechanism we have adopted, we remain confident that the ACP will be completed within the total cost estimate of $158.2 billion announced in early 1994.

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