TNAG-0807-FCO40-1012-Policy-for-housing-and-resettlement-in-Hong-Kong-1978 — Page 14

RESTRICTED.

GR.223

RESTRICTED

RM

EM RONG KONG 387927Z NOV 78

TO

MORY

TO PRIORITY HONG KONG GOVERNMENT OFFICE LONDON

TELNO.1436 OF 30 NOVEMBER,

INFO PRIORITY F.C.O.

FOR WEBB-JOHNSON FROM S.N.T.

PY

HKK 360/3

22

FLECAIVED IN REGISTRY NO. 51.

3 0-NOV 1978

DESK OFFICER INDEX

RE.

PA

Action Ten

-N1.

ساتھ

MY TELNO.1493 (NOT TO FCO): NORTH TSUEN WAN FACTORY CLEARANCES.

1. APPROVAL HAS BEEN GIVEN FOR A FURTHER INCREASE IN GENERAL RATE.

OF COMPENSATION,

2. PRE JULY RATES WERE DOLLARS 7,000 FOR BETWEEN, FIFTY AND TWO

HUNDRED SQ.FT OF COVERED WORKING AREA PLUS 20 DOLLARS PER

SQ.FT FOR REMAINING COVERED WORKING AREA PLUS 7 DOLLARS

PER SQ.FT FOR OPEN WORKING AREA. THIS COMPENSATION WAS SUBJECT

TO A CEILING OF 100,000 DOLLARS.

3. IN JULY THE 20 DOLLARS PER SQ.FT RATE WAS RAISED TO 34 DOLLARS

PER SQ.FT AND THE COMPENSATION CEILING WAS REMOVED. ON 29TH

NOVEMBER THE 34 DOLLARS PER SQ.FT WAS INCREASED TO 38 DOLLARS

PER SQ.FT.

-JULY

4. ON PRE-JULY RATES COMPENSATION TO THE 22 FACTORIES WOULD HAVE AMOUNTED TO SOME TWO MILLION DOLLARS. ON PRESENT RATES IT WILL

BE NINE POINT THREE MILLION,

.5. CMA AND FEDERATION OF HONG KONG INDUSTRY HAVE TODAY BEEN

INFORMED OF NEW RATES IN REPLY TO THEIR PETITION TO GOVERNOR. REPLY ALSO AFFIRMED THAT GOVERNMENT WOULD NOT ALLOW RESITES ON AGRICULTURAL LAND NOR PROVIDE AN INDUSTRIAL AREA FOR THE

FACTORIES.

•

6. THE FACTORY OWNERS (NOW TWENTY) INTEND TO PRESENT A FURTHER PETITION TO GOVERNOR TODAY.

MACLEHOSE

FILES HKT GI

RESTRICTED

COPIES TO How& Kong Gov T OFFICE"