FURTHER EXPANSION OF TERTIARY EDUCATION
Additional Capital Requirements for 1991-94
Institution
Additional Student
Numbers by 1994/95
Additional Space
Estimated building cost at December
1989 prices
1.
HKU
1,500 fte, ie 11,500 fte over 10,000 fte
13,000 m2 net
$326m (-)
2. CUHK
1,500 fte, ie 11,500 fte over 10,000 fte
13,000 m2 net
$280m (320m)
3. LC
2,000 fte
19,880 m2 net
$215m existing campus
(192m)
$256m alternative site
Notes
1.
2.
3.
4.
Figures in brackets are costings indicated to ExCo, updated to December 1989 prices.
It is assumed that different space norms will continue to apply to the universities and the non-university institutions and that HKP and CPHK will not, therefore, require additional accommodation.
LC's estimated cost excludes staff quarters.
It is proposed that HKBC should bring forward its 1996-97 target (ie 4,000 fte) to
1994-95; this involves only a cash flow readjustment within the funding which would have been required for HKBC's expansion up to the period 1996-97.
ANNEX R
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