TNAG-1012-FCO40-1262-Address-by-Sir-Murray-MacLehose--Governor-of-Hong-Kong--at-t-1981 — Page 30

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Land Sales

35

The Special Committee on Land Supply, chaired by Miss Dunn,

has compared forecasts of land production up to 1984/85 with the

Government's own requirements and those of the private sector. The

targets set by the Committee call for the sale in 1982/83 of at least

58 hectares of land for private development. Nevertheless we must aim

as far as possible to exceed these targets in order to further housing

and diversification and to assist in stabilising land prices. In fact

this year the Government hopes to sell close on 100 hectares of land,

and I am confident that we will achieve at least a similar level of

sales in 1982/83. I am sure we will be assisted by the close watch

maintained by Miss Dunn's committee.

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Planning of Land Use

36.

After 1985 and through to the '90s, the major needs should

be met initially from developments at Ma On Shan and Junk Bay and

probably in the North West. In the longer term the most careful

strategic planning will be necessary. The development potentials of

Hong Kong Island, Kowloon, the inner harbour, the North Eastern and

North Western New Territories and North Lantau are now all being

separately investigated, and these investigations include the best site

for a new airport and the transport system necessary to sustain it.

The results of all these studies will be brought together by the end

of 1982 to produce a number of options for the future development of

land resources and transport services. Further knowledge of the pattern

of development immediately North of the Border, should by then greatly

assist us in deciding on our own plans.

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