TNAG-0947-FCO40-1166-Oil-developments-in-and-around-Hong-Kong-1980 — Page 6

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

The premium has been calculated on the basis that development for oil storage depot use is equivalent to that for general industrial and godown usage with a plot ratio of one. Given the fact that underground oil storage tanks are planned and that a large proportion of the site will be used for open parking and loading, this would seem to be the maximum amount of development likely to be achieved by the Company.

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