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trend is becoming increasingly evident in design as well as production. It is in this process of change that the future supply of industrial land becomes an important issue of the present. No longer can Hong Kong continue to rely solely upon conventional flatted factories to meet production requirements.
The new industrial processes will increasingly call for longer uninterrupted floor areas with heavier floor loadings, as well as vibration, humidity and particle control environments. Under such circumstances industrial accommodation should ideally be designed around the production processes, instead of being compromised by the constrains posed by conventional flatted factories.
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have been made in the past to design more multi-storey industrial buildings. Indeed, several such buildings exist,, but commercially they are failures, Co because the cost of producing this type of accommodation is not commensurate with the return the property developer has to make on his investment in the land. Some other solution will have to be devised. The demand for land for industries employing higher levels of technology is not a new phenomenon.. As far back as 1973, the Government recognised
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the need for land to be set aside for such processes when it created its special industries land policy. This recognition led in 1976 to the establishment of the Hong Kong Industrial Estates Corporation and the development of the two industrial estates in Yuen Long and Tai Po. Initially land sales at the two estates were relatively low, but with the signing of the Joint Declaration and opening up of China, demand for sites has increased significantly to the extent that unless further land can be made available through, for example, the development of a third estate land at both estates could quite conceivably run out by the end of 1989. IN the year 1986-87, the Hong Kong Industrial . Last year, Estate Corporation sold a total of 10.73 hectares of sites. 1987-88 the figure was 19.58 hectares and already in the first month
totalling of 1988-89 the Corporation has approved applications totally 7.22 hectares. By way of comparison, Sir, Government sales of industrial . land outside the estates was only 2.29 hectares the year 1986-87, 5.15 hectares for the year 1987-88 and the latter, including 2.23
mart hectares for development as a trade market,
amongst the
Significant amounts of new industries that want to establish themselves in Hong Kong are those that require sites, either on or close to a
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