TNAG-0808-FCO40-1013-Use-of-Crown-lands-relinquished-by-Ministry-of-Defence-in-Ho-1978 — Page 149

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additional amenity which would be provided for Central District and Wan Chai. "By reserving some land for private development in the Barracks area," the spokesman said "it is estimated that a sum approaching $700 million might be raised in sales and, by resiting the proposed Government office building from the Murray Barracks area to Queensway, sites in the former area which would then be released for sale could raise an additional sum in

excess of $400 million."

Referring to the proposed consultancy, the spokesman said that the future use of Flagstaff House, the retention of which was favoured by the Government, would be included in the study. The Urban Council's advice would be sought on the terms of reference for the consultancy in view of the Council's experience and interest in this field and because the area would supplement facilities already provided by the Council.

Commenting on the announcement, the Secretary

for the Environment, Mr. Derek Jones, expressed the Government's appreciation of the valuable contribution made by the Victoria Barracks Planning Committee, many of whose idea, he said, had been embodied in the final plan. The Planning Committee's final report will be published for public information very shortly.

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