TNAG-1139-FCO40-1419-Quarterly-progress-reports-on-Hong-Kong-1982 — Page 37

CONFIDENTIAL #2

密

13

Economic Analysis Division

(21) Land and

property

(a) Land

(b) Property

and cor straction

(22) Transport

To improve under- standing of the workings of the market in land.

To monitor deve- lopments in the property market and the con- struction industry.

(i) To examine

the scope for economic evaluation

of transport policy.

(ii) to study the

economics of the

trucking industry.

Work continued on monitoring land statistics and land production and disposal methods, as did work on studying deter- minants of the price of land.

Analyses continued on: effects of domestic rent control, productivity trends in the construction industry, and trends in land and property prices.

Consultancy work on transport commented on.

A consultancy study on the economic role of the trucking industry as well as the economics of the industry's operation is to be commissioned with a view to assisting the Government in formulating future policies on the industry.

Studies of the land market will be continued.

Appropriate studies in this area will be continued.

The evaluation of transport proposals will be continued as required.

Consultants will be appointed as soon as funds are approved.

GF 323

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CONFIDENTIAL #2