TNAG-1603-FCO40-2210-Future-of-Hong-Kong-annual-reports-to-Parliament-on-Hong-Kon-1987 — Page 262

RESTRICTED

72

Over 55 % of expenditure on public works is on highways and

engineering projects, including site formation. Major projects

which began in 1986 include reclamation at Hung Hom Bay, which will

provide land for expansion

the Kowloon-Canton Railway

Corporation's freight and passenger terminals, Route 5 from Sha

to Tsuen Wan, and piling work for the Eastern District Hospital.

There is also substantial investment

handle increased

water

of

in

supplies from

projects and in the provision

facilities.

Tin

water supply projects to

China, in environmental

of recreational and cultural

73.

implementation

are

A number of major infrastructural projects are under

construction or being planned for

Some of these

projects, while facilitated by the Hong Kong Government,

financed by the private sector. They include notably the Eastern Harbour Crossing costing HK$3.4 billion, which will provide a road

and rail link by tunnel between the eastern part of Hong Kong Island

and East Kowloon by 1990. Other examples are the construction of a

sixth terminal at the Kwai Chung Container Port (already the third

largest in the world), and active planning for a second air freight

complex at the Kai Tak International Airport.

Further, the

Kowloon-Canton Railway Corporation is constructing the first phase

of the Light Rail Transit System for the Tuen Mun and Yuen Long new

towns a t a cost of HK$1.3 billion.

74.

towns new

a year.

Development of the new towns continues, with expenditure at

the rate of some HK$3 billion

Work has commenced on the

contruction of two

at Junk Bay and Tin Shui Wai. The

first stage of development at Junk Bay will accommodate 75,000 people in public housing and 48,000 people in private housing. The

first public housing intake is expected in early 1987. Work on the

first tube of the road tunnel linking East Kowloon to Junk Bay

started in November 1986.

75.

Hong

approach

In addition

continued development of

new towns, the

Kong Government

has also decided that a more systematic

necessary to

the redevelopment of some of the older

parts of the urban area, A statutory Land Development Corporation

will be responsible for

is

devising and implementing specific

RESTRICTED