TNAG-1136-FCO40-1416-Address-by-Sir-Edward-Youde--Governor-of-Hong-Kong--to-the-L-1982 — Page 117

within a much shorter

outstanding Letter B E commitment within

shorter period than would be possible under the current practice of offoring about 453 of sites in the Now Torritorios for disposal by Letter

B tender.

99.

(a) Urban Renewal

Recently completod otudies have indicated that the potential for urban redevelopment is onormous (scue 398 hectareá have been identified in the main urban area). Bowever, in the shorter term at least, large ocale urban rodovolopment to the

extent that it involves the deployment of public sector

resources, could only be undoștakon ΑΣ the expenco, of development elsewhere. It quot be viewed, thorofora, in the context of longer tern stratogic options. Nevertheless, it should be possible to achieve some improvements in limited areas through redevelopment, Ways of doing this either through

expansion of the work of the Housing Society or through another agency are being investigated by the Lande Department. In

addition, the consultancy on the concept of a devolopment corporation will consider how much a corporation could aid the

implementation of planned urban redovalopzant.

100.

{e} Rural Improveront

Between the Now Town Dovolopment Aroac, genuine New

Territories villages and the Country Parks thora are largo aruao

of the New Territories that can be called neither urban nor

rural in'nature. The deteriorating and unplanned naturo of the

environment in those akoap io a CAUBO of concern. This 16 another problem being considered by both the Lands Department

and the Special Committoo on Land Cupply. The consultants who will be investigating the concept of a Covelopment corporation will also be asked to compidor the use of small corporations in "implementing limited rural style devolopment in these areça,

31

/(£)

Transport