CONFIDENTIAL
IN CONSIDERATION OF THE SUBSTANTIAL INCREASES IN HONG KONG'S FNCIAL CONTRIBUTION, HMG HAS UNDERTAKEN TO RELEASE LAND CURPENTLY OCCUPIED BY THE SERVICES AT KAI TAK (ABOUT 120 ACRES) AND AT VICTORIA BARRACKS (43 ACRES) IN THE YEARS IN WHICH THE HONG KONG CONTRIBUTION INCREASES TO 62 1/2 PER CENT AND 75 PER CENT (1977/78 AND 1978/79 RESPECTIVELY), SUBJECT TO THE REPROVISION ELSEWHERE OF ESSENTIAL SERVICE FACILITIES BY THE HONG KONG GOVERNMENT. THESE TWO AREAS ARE ALREADY THE PROPERTY OF THE HONG KONG GOVERNMENT, WHICH WILL BEAR THE FULL COST OF PEPROVISIONING. THE AGREEMENT ALSO MAKES PROVISION FOR THE RELEASE FOR CIVIL USE OF OTHER LAND AND BUILDINGS NO LONGER REQUIRED
BY THE BRITISH SERVICES.
·ENDS.
CALLAGHAN
FILES
OD (3)
HRIOD
DEF. D.
PS
PS | LORD GORONWY - ROBERTS
SIRDWATSON.
MAMALE
3
CONFIDENTIAL
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