TNAG-0573-FCO40-706-Monitoring-of-progress-made-on-planning-paper-on-Hong-Kong-1976 — Page 103

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

(3) INDUSTRY AND FINANCE

A

B

Governor's Speech:

.pp 4-7)

a

b

C

d

f

SECRET

layouts of new towns being reviewed to provide for the wider development of industry in hand;

land will continue to be granted on special terms for industries introducing new technology of value to the economy in hand;

G

development of industrial estates in hand; development of road and rail links in hand;

strengthening of companies legislation, particularly that dealing with prospectuses and company accounts - in hand;

continue to protect industry's access to overseas markets in hand;

continue to promote overseas investment to expand and diversify industry in hand.

Overlap:

a

ordinances to regulate banking, securities, deposit- taking companies and commodity-trading in hand.

C Planning Paper:

a

provide funds for the social programme, preferably by a more progressive system of taxation.

D - Comment:

C(a) was omitted with our tacit agreement.

(4) HOUSING

A

Governor's Speech:

(pp. 7-9)

1

B.

1

a

house everybody within their means;

b

5,000 flats for sale by 1979/80;

C

establishment of a working party on home ownership in hand;

a 200,000 flats to be completed per annum.

Overlap:

a new homes for 97,000 by 1976/7

new homes for 109,000 by 1977/8 new homes for 170,000 by 1978/79; new homes for 224,000 by 1979/80.

b slow raising of rents;

proposals for improved standards in housing.

Planning Paper:

Comment:

a

B(a) and (b) appear in the Planning Paper but in rather different form. In (a) figures are given

SECRET

с

A

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