TNAG-1603-FCO40-2210-Future-of-Hong-Kong-annual-reports-to-Parliament-on-Hong-Kon-1987 — Page 70

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72

Over 55% of expenditure.

on

public works

is

engineering projects, including site formation.

on highways and

Major projects

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

provide land for expansion of the Kowloon-Canton Railway

to

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

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

There is also substantial investment in water supply projects

supplies from China, in environmental

the provision of recreational and cultural

handle increased

in

projects and

facilities.

water

73.

A number of major infrastructural projects are under

construction or being planned for implementation Some of these

projects, while

facilitated

by the Hong Kong Government, are

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

...owloon-Canton Railway Corporation is constructing the first phase

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

towns at a cost of HK$1.3 billion.

74.

The

Development of the new towns continues, with expenditure at

the rate of some HK$ 3 billion a year.

Work has commenced on the

contruction of two new towns at Junk Day and Tin Shui Wai.

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.

older

In addition to continued development of the new towns, the

uong Kong Government

has also decided that a more systematic

approach is necessary to the redevelopment of some of the

parts of the urban area, A statutory Land Development Corporation

will be responsible for devising and implementing specific

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