TNAG-1413-FCO40-1889-Future-of-Hong-Kong-annual-report-to-Parliament-on-Hong-Kong-1985 — Page 184

develop

CONFIDENTIAL

further schemes for prudential

supervision of banks and

financial institutions.

V.

SOCIAL PROGRAMME S

36.

During the year the Hong Kong Government has pressed ahead vigorously with its forward-looking social programme s to improve the

well-being of the people of Hong Kong.

(a)

37.

Housing

The territory wa s ab le to maintain its performance and achievements in public housing construction. The Housing Authority exceeded its annual production target of 35,000 flats for the sixth successive me. With a further 12,000 flats built under the Private Sector Participation Scheme and by the Housing Society,

public housing construction reached a record level of over 48,000 flats. Over 18,000 of the se were for sale to the general public;

yet

record, reflecting recovery and re-investment in the property market. Private sector housing production also increased with about 30,000 new flats completed.

38.

another

1985 saw the Hong Kong Government step up their squatter area

The ir object i s to clear and rehouse

clearance

squatters in

being given

landslip.

programme.

the urban

to

those

all

area over

ten the next

years, with priority

currently squatting on slopes

vulnerable

to

39.

were

in addition

to the

During 1985 the Housing Authority agreed to provide self-care hostels in public housing estates for the more able-bodied elderly

members of

these hostels the population; existing quota of shared flats and housing units for single persons in public housing estates. For those requiring a greater degree of personal care, the planning ratio for care-and-attention homes was raised from four to five places

population.

thousand per

of the

elderly

- 12

CONFIDENTIAL