TNAG-2016-FCO40-2871-Relations-between-Hong-Kong-and-Japan-1990 — Page 72

90 10 35

16:40

BRITISH EMBASSY TOKO

J

!

**

drawn up for other districts like in Wanchai, Mongkok etc.

3

(SCKE

Realty Development Corp., a subsidiary of the Wharf has bid successfully for a residential site in Yau Yat Chuen

group,

at $1.065 billion. (Total development cost $2 billion!

(SOME 89/12)

$1

61

A group of S.E. Asian investors are planning to develop a billion luxury residential project in Sai Kung similar

(KK Standard 90/1)

the Marina Cove.

Henderson Land

planning a multi-billion dollar town (HR Standard 90/4)

centre project at Ma On Shan.

Swire Properties is proceeding with its 42-storey twin-tower residential project On the Ohel Leah Synagogue site in

Kobinson Rogd

(SCHP 90/74)

Chinachen group is developing 2 larga xesidential projects in Fanling and Sheung Shui at over HKS400 million.

New World Development plans to construct

HK Standard 50/5)

$300 million

underground shopping arcade in Tsim Sha Tsui, {SCHE 28/12)

Japaneza developer Kowa Bussan has purchased the

and ground floor of the Bank of America Building for $268 million to build a high-quality shopping centre.

Chyau FHU is planning to develop an underground shopping and leisure centre beneath the Victoria Fark in Cauɔoway Bay (estimated cost $2 billion).

(5HP 392)

Approval is reportedly given for HK & Shanghai Hotels! plan to develop an underground shopping arcade in Tsim Sha Isui for about $500 million.

(HK Standard S0/4)

GTH International of France has been awarded! construct the first underground Carpark Completion

expected in mid-1992 and હવ million.

conttact

Admiralty,

over $100 (HK Economic Times 90/5)

** HK & China Gas Co. plans to develop a 26-storey regional headquarters on HK Island. Construction is expected to take

3 years

Japanese trading firm Nissho Iwai has purchased a site in Shatin for $122 million and plans to construct a godown Zor OWN use. (otal cost $400 million)

{SEM? $8/12}

The

government is planning to spend about $330 build a "technology centre" at Kowloon Tong.

rillion to

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u